Chipotle Announces First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/3/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- Equities close higher as softer jobs data quiets rate-hike expectations
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Chipotle Mexican Grill (CMG) PT Lowered to $1,850 at Cowen
April 22, 2021 6:22 AM EDTCowen analyst Andrew Charles lowered the price target on Chipotle Mexican Grill (NYSE: CMG) to $1,850.00 (from $1,900.00) while maintaining an Outperform rating.
The analyst commented, "We maintain our 2Q comp estimate of 32%, as we argue high 20%-30% guidance/consensus implies too steep of an... More
Chipotle Mexican Grill (CMG) Tops Q1 EPS by 47c, Revenues Miss
April 21, 2021 4:11 PM EDTChipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of $5.36, $0.47 better than the analyst estimate of $4.89. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.74 billion.
First quarter highlights, year over year:
Revenue increased 23.4% to $1.7 billionComparable restaurant sales increased 17.2%Digital sales grew 133.9% and accounted for 50.1% of salesRestaurant level operating margin was 22.3%, an increase of 470 basis pointsDiluted earnings per share was $4.45, net of a $0.91 after-tax impact from expenses related to the 2018 performance share ("PSU") modification to account for the unplanned effects of COVID-19, restaurant asset... More