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.

Earnings Guidance Hot Earnings Hot Guidance

Chipotle Mexican Grill (CMG) PT Lowered to $435 at Maxim GroupJuly 26, 2017 9:08 AM Chipotle Mexican Grill (CMG) PT Lowered to $370 at CowenJuly 26, 2017 5:29 AM Chipotle Mexican Grill (CMG) PT Lowered to $370 at BarclaysJuly 26, 2017 5:23 AM Chipotle Mexican Grill (CMG) PT Lowered to $510 at Piper JaffrayJuly 26, 2017 5:21 AM Chipotle Mexican Grill (CMG) PT Lowered to $385 at BairdJuly 26, 2017 5:13 AM Jefferies Upgrades Chipotle Mexican Grill (CMG) to HoldJuly 26, 2017 5:11 AM Chipotle Mexican Grill (CMG) PT Lowered to $380 at JPMorganJuly 26, 2017 5:10 AM Chipotle Mexican Grill (CMG) PT Lowered to $450 at Mizuho SecuritiesJuly 26, 2017 4:51 AM Chipotle Mexican Grill (CMG) PT Lowered to $400 at RBC CapitalJuly 26, 2017 4:48 AM Chipotle Mexican Grill (CMG) PT Lowered to $390 at BofA/Merrill LynchJuly 26, 2017 4:45 AM Chipotle Mexican Grill (CMG) PT Lowered to $420 at TelseyJuly 26, 2017 4:38 AM UPDATE: Chipotle Mexican Grill (CMG) PT Lowered to $380 at UBSJuly 26, 2017 4:36 AM Chipotle Mexican Grill (CMG) PT Lowered to $360 at Goldman SachsJuly 26, 2017 4:34 AM Chipotle Mexican Grill (CMG) PT Lowered to $315 at Deutsche BankJuly 26, 2017 4:32 AM Chipotle Mexican Grill (CMG) PT Lowered to $505 at SunTrust Robinson HumphreyJuly 26, 2017 4:31 AM Chipotle Second Quarter Diluted EPS Increased 167% on Comparable Restaurant Sales Increase of 8.1% and Revenue Growth of 17.1%July 25, 2017 4:05 PM