Chipotle Mexican Grill (CMG) reported first quarter EPS of $2.45 after the close Thursday, up from $1.97 last year. The consensus estimate was for EPS of $2.14.
Chipotle Mexican Grill gapped up sharply Friday and has continued to gain ground in early trade. Shares are currently higher by 26.43 at $354.79. The stock has risen above a 2-week range and has set a 9-month high.
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