Wedbush Bumps PT on Chipotle Mexican (CMG) after Q4, Remains on the Sidelines
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Chipotle (CMG) Q4 Results Hit the Mark Amid Rising Food Costs
February 5, 2013 5:37 PM ESTChipotle Mexican Grill (NYSE: CMG) is sizzlin' in after-hours trading following firm fourth-quarter results.
Revenue for the Denver, CO-based restaurant chain rose 17.2 percent to $699.2 million with a 3.8 percent rise in comps. Net income improved 6.8 percent to $61.4 million, or $1.95 per share.
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UPDATE: Chipotle Mexican Grill (CMG) Misses Q4 EPS by 1c
February 5, 2013 4:03 PM EST(Updated - February 5, 2013 4:21 PM EST)
Chipotle Mexican Grill (NYSE: CMG) reported Q4 EPS of $1.95, $0.01 worse than the analyst estimate of $1.96. Revenue for the quarter rose 17.2% to $699.2 million versus the consensus estimate of $698.86 million. Comparable restaurant sales increased 3.8%.
Today's numbers were in-line... More
