– Chipotle reported an adjusted quarterly profit of $5.58 per share, beating the $5.25 consensus estimate, with revenue in line with analyst forecasts. The restaurant chain said it was raising menu prices to deal with higher costs for labor and food, and said they would likely be raised again this year. Chipotle jumped 6.
1% in the premarket. – Lyft earned an adjusted 9 cents per share for its latest quarter, 1 cent above estimates, with the ride-hailing service also reporting better-than-expected revenue. The stock fell 3.7% in the premarket as ridership numbers came in below analyst forecasts, although that was offset by higher fares and longer trips by Lyft customers.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: nbcchicago - 🏆 545. / 51 Read more »
Source: nbcchicago - 🏆 545. / 51 Read more »
Source: CNBC - 🏆 12. / 72 Read more »