Chipotle Earnings Preview

Published on Tuesday, 31 January 2012 11:48 Written by Gerard Lerod

New York, January 31st (TradersHuddle.com) - Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) are trading lower by -0.39% ahead of its quarterly earnings release. Chipotle, the owner and operator of Mexican quick serve restaurants is expected to release its quarterly results on January 1^st.

Wall Street Analysts consensus calls for a profit of $1.82 a share on $590.24 million revenue.

Chipotle estimates have a range of $0.29 a share. The high estimate calls for profit of $1.94 a share and the low estimate is calling for a profit of $1.65 a share, a year ago for the quarter the company reported $1.47 a share.

Chipotle Mexican Grill, Inc. (NYSE:CMG) owns and operates quick serve Mexican restaurants. The Company operates restaurants throughout the United States and specializes in burritos and tacos.

Other companies on the watch on this earnings event are McDonald's Corp. NYSE:MCD and Yum! Brands, Inc. NYSE:YUM.