ARCO QUARTERLY EARNINS OUT TODAY
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Arcos Dorados Hldgs Cl A (ARCO): Earnings Report Focus
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ARCO
Fundamental
Arcos Dorados Hldgs Cl A will report quarterly earnings on July 28. Arcos Dorados Hldgs Cl A has an Earnings Per Share Rating of 94 from IBD, meaning that recent earnings growth has outperformed 94% of all stocks in IBD's database. In its latest quarter, profit grew 50%. In the last three quarters, profit growth has averaged 15%. In its latest quarter, sales grew 23% to $826.66 million. Focus on stocks showing strong quarterly earnings growth in recent quarters, at least 25% or more. IBD studies of past market winners showed big earnings and sales growth in recent quarters before big price moves. Arcos Dorados Hldgs Cl A's annual profit margin is 3.6%. That means the company is generating 3.6 cents in profit for each $1 in sales.
Technical
Arcos Dorados Hldgs Cl A is 11.66% off its 52-week high. In the past four weeks, Arcos Dorados Hldgs Cl A is up 2.57%. Year-to-date, it's up 7.33%. IBD research has consistently shown that stocks showing strong relative price performance in the market have the best chance of being market leaders. Rather than try to catch stocks on sale, target the leading price performers in the market. Arcos Dorados Hldgs Cl A has an Up/Down volume ratio of 1.1 which indicates that volume on up days is exceeding volume on down days. A ratio above 1.0 implies positive demand for shares.
Arcos Dorados Hldgs Cl A's volume % change is -59.6%. That means volume is on pace to be 59.6% below average. A stock's volume percent change can tell you if institutional investors are fueling a stock's gain or decline. Big volume always gives them away. Big investors like mutual funds, banks and insurance companies account for about 75% of the trading volume each day on the exchanges so it's important to pay attention to what they're buying and selling.
Arcos Dorados Hldgs Cl A's stock price is $22.92 and it has a 50-day average volume of 789,500 shares. It's generally best to focus on higher-priced, liquid names rather than low-priced, illiquid ones. Mutual funds and other big investors rarely look at stocks priced under $10 that are thinly traded. Institutional investors generally prefer liquid names so they can buy and sell easily.
About ARCO
ARGENTINIAN OPERATOR AND FRANCHISOR OF 1,755 MCDONALD'S FASTFOOD RESTAURANTS IN LATIN AMERICA AND THE CARIBBEAN.
