logo
Plus   Neg
Share
Email

Chipotle Mexican Grill Inc. Q3 adjusted earnings Beat Estimates

Chipotle Mexican Grill Inc. (CMG) revealed earnings for its third quarter that advanced from the same period last year.

The company's earnings came in at $98.58 million, or $3.47 per share. This compares with $38.20 million, or $1.36 per share, in last year's third quarter.

Excluding items, Chipotle Mexican Grill Inc. reported adjusted earnings of $108.30 million or $3.82 per share for the period.

Analysts had expected the company to earn $3.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.8% to $1.40 billion from $1.23 billion last year.

Chipotle Mexican Grill Inc. earnings at a glance:

-Earnings (Q3): $108.30 Mln. vs. $60.65 Mln. last year.
-EPS (Q3): $3.82 vs. $2.16 last year.
-Analysts Estimate: $3.22
-Revenue (Q3): $1.40 Bln vs. $1.23 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT
>