Chipotle Is Tanking After Hours On Revenue Miss


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Chipotle earnings are out, and they’re not hot.Revenue of $690 million is well below the $707 million that analysts had expected.

EPS on the other hand, of $2.56, was well ahead of the EPS of $2.30 that was expected.

The stock is off 8%

The company is affirming its growth outlook.

The full report is here.

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One of the biggest momentum “retailers” in the world is the restaurant Chipotle.

The cult Mexican food chain reports earnings after the bell, and it should be a great way to get a read on the consumer and food prices.

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Analysts are expecting EPS of $2.30/share on revenue of $707 million.

The stock has come off about 10% from its high, but it’s still up massively from its lows for the year.

We’ll have the number here when they come out.

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