Arcos Dorados Holdings Q2 EPS $0.11 Beats $0.07 Estimate, Sales $1.142B Beat $1.137B Estimate

Arcos Dorados Holdings (NYSE:ARCO) reported quarterly earnings of $0.11 per share which beat the analyst consensus estimate of $0.07 by 57.14 percent. This is a 15.38 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $1.142 billion which beat the analyst consensus estimate of $1.137 billion by 0.44 percent. This is a 2.79 percent increase over sales of $1.111 billion the same period last year.