Chipotle (CMG) Stock Rises on Q4 Earnings & Revenue Beat
Chipotle Mexican Grill(CMG) Zacks Investment Research·2024-02-08 01:11
Chipotle Mexican Grill, Inc. (CMG) released fourth-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis. Earnings surpassed the consensus estimate for the fourth consecutive quarter.Following the earnings release, shares of the company rose 2.9% during the after-hours trading session on Feb 6.Q4 Earnings & Revenue DiscussionIn the quarter under review, Chipotle reported adjusted earnings per share (EPS) of $10.36, ...