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Chipotle Mexican Grill (CMG) Is Sinking After Q4 Report

Chipotle Mexican Grill (CMG) reported fourth quarter EPS of $1.55 after the bell Tuesday, up from $0.55 a year ago. Analysts expected EPS of $1.32. Revenues rose 7.8% to $1.11 billion, from $1.03 billion last year.

Chipotle Mexican Grill gapped open sharply lower Wednesday morning and is now down 27.66 at $276.67. The stock has dropped to over a 2-month low.

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