Published on 24 Apr 2024 on Benzinga
Chipotle Mexican Grill Q1 Earnings: Revenue Beat, EPS Beat, Comparable Sales Up 7% And More -...
Chipotle Mexican Grill, Inc. CMG reported financial results for the first quarter Wednesday after the bell. Here’s a rundown of the report and a look at why shares are sizzling after hours.
Q1 Earnings: Chipotle said first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to Benzinga Pro. The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share.