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Stock impact report

Earnings Outlook: Chipotle earnings: Some analysts are bearish while others upgrade the stock [MarketWatch]

Chipotle Mexican Grill, Inc. (CMG) 
Last chipotle mexican grill, inc. earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.chipotle.com
Company Research Source: MarketWatch
Chipotle earnings: Some analysts are bearish while others upgrade the stock Chipotle Mexican Grill Inc. is scheduled to report third-quarter earnings on Thursday after the closing bell, and analysts differ on the fast-casual chain’s prospects for this quarter and moving forward. On the bearish side, there are those like Wedbush analysts who expect a same-store sales miss. The FactSet consensus is for 5% same-store sales growth. Chipotle CMG, +0.72% has beaten the FactSet same-store sales consensus the last three quarters. Wedbush maintained its underperform stock rating but cut its price target to $380 from $445. And the UBS Evidence Lab analysis of customer reviews shows a decline after reports of a food-related illness incident in July . “We believe trends likely need to show more significant improvement from challenged levels before an accelerated sales recovery,” wrote UBS analysts led by Dennis Geiger in a note. UBS rates Chipotle shares sell with a $370 price target. Read: Show less Read more
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