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Arcos Dorados (ARCO) stock rises after Q2 earnings of $0.22 per share and record revenue of $1.31B beat market estimates.
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Arcos Dorados Holdings (NYSE:ARCO) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.15 by 46.67 percent. This is a 100 percent increase over earnings of $0.11 per share from
JP Morgan analyst Froylan Mendez upgrades Arcos Dorados Holdings (NYSE:ARCO) from Neutral to Overweight and raises the price target from $9 to $10.5.