Chipotle Mexican Grill's Q4 Earnings Preview

On Tuesday, Chipotle Mexican Grill CMG will release its latest earnings report. Benzinga's outlook for Chipotle is included in the following report.

Earnings and Revenue

Based on management's projections, Chipotle analysts model for earnings of $1.38 on sales of $1.12 billion.

In the same quarter last year, Chipotle reported EPS of 55 cents per share on revenue of $1.03 billion. The analyst consensus estimate would represent a 150 percent increase in the company's EPS figure. Sales would be up 8.21 percent from the same quarter last year. Here's how the Chipotle Mexican Grill's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017
EPS Estimate 1.81 2.45 1.26
EPS Actual 1.46 2.32 1.6

 

Q4 EPS Estimate: $1.38
Q4 Revenues Estimate: $1 billion

Stock Performance

Shares of Chipotle were trading around $311.64. Over the last 52-week period, shares of Chipotle have declined 26.38 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Chipotle Mexican Grill stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

The Chipotle Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://www.businesswire.com/news/home/20180109006545/en/

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