On Tuesday 29th October 2024, Chipotle Mexican Grill (NYSE: CMG) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
the firm is projected to announce an estimated per share $0.25 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $2.82 billion for this period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.23. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $2.47 billion during that specific period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $11.35 billion. Additionally, they expect the company to reach profit of $1.1 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.34 | -97.3% | 2.97 B | +18.2% |
| Q1 2024 | $0.27 | -97.4% | 2.70 B | +14.1% |
| Q4 2023 | $0.21 | -97.5% | 2.52 B | +15.4% |
| Q3 2023 | $0.23 | -97.6% | 2.47 B | +11.4% |
| Q2 2023 | $12.65 | +36.0% | 2.51 B | +13.6% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 29th October 2024 at 04:30 PM eastern time, in a conference call with public.
Chipotle Mexican Grill (CMG) shares traded as low as $59.23 and as high as $59.86 on a day volume of 6.07 million shares, closed Friday's regular trading session at $59.44, of 0.00 percent.
