Arcos Dorados: 1Q Earnings Snapshot

Arcos Dorados: 1Q Earnings Snapshot

Associated Press

MONTEVIDEO, Uruguay (AP) _ Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported first-quarter earnings of $12.2 million.

On a per-share basis, the company said it had profit of 6 cents.

The restaurant owner posted revenue of $731 million in the period.

Arcos Dorados shares have fallen 18% since the beginning of the year. The stock has decreased 16% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARCO at https://www.zacks.com/ap/ARCO