Chipotle Mexican Grill, Inc. Announces Third Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street closes lower as oil prices jump, indexes notch monthly gains
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Credit Suisse Downgrades Chipotle Mexican Grill (CMG) to Neutral; 'New Normal'
October 26, 2016 7:25 AM EDTCredit Suisse downgraded Chipotle Mexican Grill (NYSE: CMG) from Outperform to Neutral with a price target of $375.00 (from $500.00) citing a 'new normal' following disappointing results.
Analyst Jason West commented, "CMG posted another disappointing result as the sales recovery continues to take... More
Jefferies Slashes PT, Estimates on Chipotle Mexican Grill (CMG)
October 26, 2016 7:19 AM EDTJefferies analyst Andy Barish reiterated his Underperform rating and cut the price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $330.00) following weak results.
Barish commented, "3Q results miss across all metrics. SSS still -20%ish in October before CMG laps last year... More
Chipotle Mexican Grill (CMG) Posts Q3 EPS of $0.27; Comps Miss Views; Additional Stock Buyback Approved
October 25, 2016 4:12 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $0.27, $1.32 worse than the analyst estimate of $1.59. Revenue for the quarter came in at $1 billion versus the consensus estimate of $1.09 billion.
EPS impairment included $0.29 related to the ShopHouse impairment charge and $0.23 due to the deferral of revenue from Chiptopia
Comps fell 21.9 percent, versus an 18.7... More
