Chipotle Mexican Grill Inc. Q1 adjusted earnings Beat Estimates

Chipotle Mexican Grill Inc. (CMG) revealed a profit for its first quarter that rose from last year.

The company's earnings came in at $127.10 million, or $4.45 per share. This compares with $76.39 million, or $2.70 per share, in last year's first quarter.

Excluding items, Chipotle Mexican Grill Inc. reported adjusted earnings of $153.13 million or $5.36 per share for the period.

Analysts had expected the company to earn $4.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.4% to $1.74 billion from $1.41 billion last year.

Chipotle Mexican Grill Inc. earnings at a glance:

-Earnings (Q1): $153.13 Mln. vs. $87.16 Mln. last year.
-EPS (Q1): $5.36 vs. $3.08 last year.
-Analysts Estimate: $4.89
-Revenue (Q1): $1.74 Bln vs. $1.41 Bln last year.

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