Arcos Dorados: 1Q Earnings Snapshot
MONTEVIDEO, Uruguay (AP) _ Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported a first-quarter loss of $52.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the company said it had a loss of 26 cents.
The restaurant owner posted revenue of $617.5 million in the period.
The company's shares closed at $3.61. A year ago, they were trading at $6.67.
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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