06.02.2024 22:19:56 - dpa-AFX: Chipotle Mexican Grill Inc. Q4 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Chipotle Mexican Grill Inc. (CMG) reported earnings
for its fourth quarter that increased from the same period last year and beat
the Street estimates.
The company's bottom line totaled $282.09 million, or $10.21 per share. This
compares with $223.73 million, or $8.02 per share, in last year's fourth
quarter.
Excluding items, Chipotle Mexican Grill Inc. reported adjusted earnings of
$286.18 million or $10.36 per share for the period.
Analysts on average had expected the company to earn $9.75 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 15.6% to $2.52 billion from $2.18
billion last year.
Chipotle Mexican Grill Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $282.09 Mln. vs. $223.73 Mln. last year.
-EPS (Q4): $10.21 vs. $8.02 last year.
-Analyst Estimate: $9.75
-Revenue (Q4): $2.52 Bln vs. $2.18 Bln last year.
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