Chipotle Mexican Grill (CMG) Inventory Sinks As Market Features: What You Ought to Know

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Chipotle Mexican Grill (CMG) Inventory Sinks As Market Features: What You Ought to Know

Chipotle Mexican Grill (CMG) closed the newest buying and selling day at $810.98, shifting -1.43% f


Chipotle Mexican Grill (CMG) closed the newest buying and selling day at $810.98, shifting -1.43% from the earlier buying and selling session. This alteration lagged the S&P 500’s each day acquire of 0.86%. In the meantime, the Dow gained 0.79%, and the Nasdaq, a tech-heavy index, added 0.73%.

Previous to at this time’s buying and selling, shares of the Mexican meals chain had gained 9.22% over the previous month. This has outpaced the Retail-Wholesale sector’s acquire of 1.17% and the S&P 500’s acquire of 1.94% in that point.

Wall Road might be on the lookout for positivity from CMG because it approaches its subsequent earnings report date. The corporate is anticipated to report EPS of $2.67, up 55.23% from the prior-year quarter. Our most up-to-date consensus estimate is looking for quarterly income of $1.40 billion, up 13.9% from the year-ago interval.

Trying on the full yr, our Zacks Consensus Estimates recommend analysts expect earnings of $13.87 per share and income of $5.54 billion. These totals would mark modifications of +53.09% and +13.89%, respectively, from final yr.



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