Chipotle Third Quarter Diluted EPS Increased 155% on 8.8% Revenue Growth
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Chipotle Mexican Grill (CMG) PT Lowered to $300 at Baird Following 3Q Miss
October 25, 2017 8:59 AM EDTBaird lowered its price target on Chipotle Mexican Grill (NYSE: CMG) to $300.00 (from $340.00) while maintaining a Neutral rating following the company's 3Q. EPS of $1.33 missed consensus on higher-than-expected food costs, one-time impacts from hurricanes, and some unexpected closing/impairment costs.
Management intends to... More
Chipotle Mexican Grill (CMG) Misses Q3 EPS by 17c
October 24, 2017 4:07 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $1.46, ex-items, $0.17 worse than the analyst estimate of $1.63. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.14 billion.
Comparable restaurant sales increased 1.0%.
We continued to make important progress to improve... More
