Chipotle Mexican Grill (CMG) Tops Q2 EPS by 14c, Offers Outlook
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Price: $30.40 -3.77%
EPS Growth %: 0.0%
Financial Fact:
General and administrative expenses: 78.41M
Today's EPS Names:
SMXT, NRIX, VFS, More
EPS Growth %: 0.0%
Financial Fact:
General and administrative expenses: 78.41M
Today's EPS Names:
SMXT, NRIX, VFS, More
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Chipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $2.32, $0.14 better than the analyst estimate of $2.18. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.19 billion.
Comparable restaurant sales increased 8.1%
Outlook
For 2017, management targets:
- Comparable restaurant sales increases in the high single digits
- 195 – 210 new restaurant openings
- An estimated effective full year tax rate of approximately 38.4%
For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.
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