21.10.2021 22:15:34
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Chipotle Mexican Grill Inc. Q3 adjusted earnings Beat Estimates
(RTTNews) - Chipotle Mexican Grill Inc. (CMG) revealed earnings for its third quarter that rose from the same period last year.
The company's bottom line came in at $204.43 million, or $7.18 per share. This compares with $80.24 million, or $2.82 per share, in last year's third quarter.
Excluding items, Chipotle Mexican Grill Inc. reported adjusted earnings of $199.82 million or $7.02 per share for the period.
Analysts had expected the company to earn $6.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 21.9% to $1.95 billion from $1.60 billion last year.
Chipotle Mexican Grill Inc. earnings at a glance:
-Earnings (Q3): $199.82 Mln. vs. $107.05 Mln. last year. -EPS (Q3): $7.02 vs. $3.76 last year. -Analysts Estimate: $6.32 -Revenue (Q3): $1.95 Bln vs. $1.60 Bln last year.
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