Arcos Dorados: Q4 Earnings Snapshot

March 16, 2022 GMT

MONTEVIDEO, Uruguay (AP) _ Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported fourth-quarter net income of $45.6 million.

The company said it had profit of 22 cents per share.

The restaurant owner posted revenue of $780.3 million in the period. Its adjusted revenue was $777.1 million.

For the year, the company reported net income of $45.5 million, or 22 cents per share, swinging to a profit in the period. Revenue was reported as $2.65 billion.

Arcos Dorados shares have risen 26% since the beginning of the year. The stock has climbed 43% in the last 12 months.

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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