Arcos Dorados Holdings Inc. (NYSE:ARCO)

CAPS Rating: 5 out of 5

Recs

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Player Avatar dockofthebay (98.15) Submitted: 6/22/2012 12:14:22 PM : Outperform Start Price: $13.62 ARCO Score: -22.88

Earnings were substantially below the estimates in the last quarter and the shares took a large hit. The primary reasons for the miss were related to currency exchange rates and taxes. Revenues exceeded expectations. Shares now very reasonably priced in relation to future earnings estimates, although input costs remain a concern for all restaurant companies

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