U.S. Markets closed

How Much Upside Is Left in Chipotle’s Stock Price?

Ralph Nathan
How Much Upside Is Left in Chipotle’s Stock Price?

In the first quarter, Chipotle Mexican Grill (CMG) posted adjusted EPS (earnings per share) of $2.13 on revenue of $1.2 billion. Analysts were expecting the company to post EPS of $1.57 on revenue of $1.2 billion. The company also outperformed analysts’ SSSG (same-store sales growth) estimate of 1.3%, posting SSSG of 2.2%.