Chipotle Announces Third Quarter 2021 Results

Chipotle Mexican Grill (CMG) PT Raised to $2,050 at Stifel

Stifel analyst Chris O\'Cull raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $2,050.00 (from $1,850.00) while maintaining a Buy rating.

The analyst commented, "Chipotle reported 3Q adjusted EPS well above consensus ($7.02 vs. Street $6.32, Stifel $5.82) driven by stronger than expected SRS... More

Chipotle Mexican Grill (CMG) PT Raised to $2,180 at Truist Securities

Truist Securities analyst Jake Bartlett raised the price target on Chipotle Mexican Grill (NYSE: CMG) to $2,180.00 (from $1,800.00) while maintaining a Buy rating.

The analyst commented, "Following 3Q21 results (SSS and EPS beat), strong current sales trends and a robust new store... More

Chipotle Mexican Grill (CMG) Tops Q3 Estimates, Analysts Ultra Bullish

Chipotle Mexican Grill (NYSE: CMG) delivered another quarterly beat. The company reported Q3 EPS of $7.02 to top the analyst estimate of $6.26. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.93 billion.

Comparable restaurant sales soared 15.1% while digital sales rose 8.6% and accounted for 42.8% of total sales.

"Chipotle's third quarter results demonstrate strong momentum in our business fueled by a multi-pronged strategy and a passionate team that's delighted to welcome more guests back into our... More

Chipotle Mexican Grill (CMG) Tops Q3 EPS by 76c

Chipotle Mexican Grill (NYSE: CMG) reported Q3 EPS of $7.02, $0.76 better than the analyst estimate of $6.26. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.93 billion.

For earnings history and earnings-related data on Chipotle Mexican Grill (CMG) click here.