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Chipotle Mexican Grill Q3 adjusted earnings beat estimates

Christian Fernsby ▼ | October 23, 2019
Chipotle Mexican Grill revealed earnings for its third quarter that advanced from the same period last year.

KEY POINTS
  • Chipotle Mexican Grill revealed earnings that advanced from the same period last year
  • Excluding items, Chipotle Mexican Grill Inc. reported adjusted earnings of $108.30 million
  • The company's revenue for the quarter rose

Chipotle Mexican Grill
Chipotle Mexican Grill   The company's earnings came in at $98.58 million
The company's earnings came in at $98.58 million, or $3.47 per share. This compares with $38.20 million, or $1.36 per share, in last year's third quarter.

Topics: Chipotle Mexican Grill

Excluding items, Chipotle Mexican Grill Inc. reported adjusted earnings of $108.30 million or $3.82 per share for the period.

Analysts had expected the company to earn $3.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.8% to $1.40 billion from $1.23 billion last year.


 

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