CHIPOTLE ANNOUNCES FIRST QUARTER 2023 RESULTS

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Chipotle Mexican Grill (CMG) gains 5% on strong beat

April 25, 2023 4:24 PM EDT

Chipotle Mexican Grill (NYSE: CMG) jumps 5% following strong earnings beat:

reported Q1 EPS of $10.50, $1.55 better than the analyst estimate of $8.95. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.34 billion.

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Chipotle Mexican Grill (CMG) Tops Q1 EPS by $1.55

April 25, 2023 4:11 PM EDT

Chipotle Mexican Grill (NYSE: CMG) reported Q1 EPS of $10.50, $1.55 better than the analyst estimate of $8.95. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.34 billion.

For 2023, management is anticipating the following:

Second quarter and full year... More