The most recent trading session for Chipotle Mexican Grill ( NYSE:CMG ) ended with the Chipotle stock price reaching $1,475.83. This is a change of -0.2% from the previous trading session. This change was less severe than the daily loss of 0.75% in the S&P 500. Both the Dow and the tech-heavy Nasdaq simultaneously suffered losses of 0.11% and 0.32%, respectively.
Chipotle Stock Shares Decreased By Almost 15%
A month before today, shares of Chipotle Mexican Grill had ( NYSE:CMG ) decreased by 14.19%, which was lower than the loss of 8.96% seen by the Retail-Wholesale sector and the loss of 8.4% experienced by the S&P 500 during the same time period.
Chipotle Mexican Grill ( NYSE:CMG ) will be seeking to show signs of strength as it gets closer to reporting its next results , which is currently scheduled for the 25th of October, 2022. On that day, it is anticipated that Chipotle Mexican Grill will post earnings of $9.08 per share, representing an increase of 29.34% compared to the previous year’s results. The most current estimate from our consensus group is quarterly sales of $2.23 billion, representing a 14.34% increase over the same time the previous year.
According to the latest projections provided by Zacks Consensus Estimates, CMG will finish the year with earnings of $32.58 per share on revenue of $8.74 billion. These values would indicate an increase of +28.17% and +15.76%, respectively, when compared to the previous year’s numbers.
Investors should also take notice of any recent adjustments made to the analyst predictions for Chipotle Mex...
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