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Stock impact report

Chipotle (CMG) Up 0.9% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

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: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Chipotle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Chipotle Q1 Earnings & Revenues Beat Estimates, Rise Y/Y Chipotle released first-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. During the quarter, the company reported benefits from enhanced throughput and effective marketing initiatives like Braised Beef Barbacoa and Chicken Al Pastor, leading to strong sales and transaction growth. The company stated that the momentum continued into April. Q1 Earnings & Revenue Discussion In the quarter under review, Chipotle reported adjusted earnings per share (EPS) of $13.37, outpacing the Zacks Consensus Estimate of $11.63. The bot Show less Read more
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