Arcos Dorados Q2 revenue rises on increased guest traffic across divisions
ARCO•Outlook
- Company did not provide specific guidance for the current or future periods
Overview
- Latin America fast-food chain's Q2 revenue rose 14%, slightly beating analyst expectations
- Adjusted EBITDA for Q2 rose 15%, slightly beating analyst expectations
- Q2 basic EPS doubled to $0.22, beating analyst expectations
Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Revenue | Slight Beat* | $1.30 bln | $1.29 bln (3 Analysts) |
| Q2 Net Income | Beat | $45 mln | $32 mln (2 Analysts) |
| Q2 Adjusted EBITDA | Beat | $126.80 mln | $123.47 mln (3 Analysts) |
| Q2 Basic EPS | Beat | $0.22 | $0.15 (3 Analysts) |
| Q2 Adjusted EBITDA Margin | 9.70% |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the restaurants & bars peer group is "buy"
