Chipotle Mexican Grill, Inc. (NYSE:CMG) is reporting second quarter earnings results on Wednesday 22nd July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.19 per share.
For the full year, analysts predict revenues of $ 5711.63 million, while looking forward to income of $ 9.63 per share.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CMG was $ 1163.10, representing a 180.27 % increase from the 52 week low of $ 415.00 and a 1.15 % decrease over the 52 week high of $ 1176.64.
The company has a market capital of $ 32.44 billion and is part of the Consumer Cyclical sector and Restaurants industry.
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Recent Analyst recommendations
On 9th July 2020, maintained by Credit Suisse Group at Outperform rating, with $ 1150.00 target price.
On 7th July 2020, maintained by Bank of America at Neutral rating, with $ 1.20 target price.
On 1st June 2020, maintained by Wedbush at Outperform rating, with $ 1200.00 target price.
On 27th May 2020, initiated by Deutsche Bank at Hold rating.
Conference Call
Chipotle Mexican Grill, Inc. will be hosting a conference call at 4:30 PM eastern time on 22nd July 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 1-888-317-6003 Toll Free, (United States) or 1-412-317-6061 (International), and the passcode is 8773093 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.webcaster4.com/Webcast/Page/1894/35113
Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2018, it operated 2,491 restaurants, including 2,452 Chipotle restaurants in the United States, 37 Chipotle restaurants internationally, and two non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.
