Chipotle Issues Downbeat Q4 Profit Forecast - Chipotle Mexican Grill (NYSE:CMG)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Chipotle Mexican Grill (NYSE: CMG) issued downbeat profit forecast for the fourth quarter. Chipotle expects Q4 net income of $1.92 to $1.97 per share on revenue of $699.2 million. However, analysts were expecting a profit of $2.09 per share on revenue of $690.7 million. Chipotle shares gained 0.46% to close at $297.32 yesterday.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!