Chipotle tops earnings, revenue expectations

Chipotle Mexican Grill on Wednesday reported quarterly earnings and revenue that beat analysts' expectations.

div > div.group > p:first-child"> After the markets closed, shares of the company initially surged 4% but were recently trading down 2%. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Chipotle reported fiscal first-quarter net income of $88.1 million, or $3.13 per share, up from $59.4 million, or $2.13 per share a year earlier.

Excluding items, the Mexican food chain earned $3.40 per share, topping the $3.01 per share expected by analysts surveyed by Refinitiv.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boeing's stock swings higher after Q1 results, which include $1 billion increased cost for 737 businessBoeing Co.'s commercial airplanes business suffered first-quarter declines in profit, revenue and margin in the wake of groundings of its 737 MAX planes... $BA is not a stock which could grow.. Beautiful! 'Boeing's stock has gained 4.4% over the past three months through Tuesday, while the Dow Jones Industrial AverageDJIA+0.55% has gained 8.6%...'
Source: MarketWatch - 🏆 3. / 97 Read more »

Wirecard lands $1 billion investment from Japan's SoftbankJapan's Softbank Group Corp will buy a 5.6 percent stake in Wirecard for ar...
Source: Reuters - 🏆 2. / 97 Read more »