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Chipotle Mexican Grill Second Quarter Earnings Preview
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CMG
When Chipotle Mexican Grill (NYSE:CMG) releases its second quarter earnings on Thursday, July 19, 2012, it is expected to report earnings that are up 44.7% from a year ago. The consensus estimate is $2.30 per share, up from earnings of $1.59 per share a year ago.
Investors should care about a company's quarterly earnings because it shows the state of the business over the past 90 days and provides guidance for the following 90 days. SEE: 5 Tricks Companies Use During Earnings Season
What to Expect: Despite rising from $2.24 over the past three months, the consensus estimate hasn't changed in the last 30 days. For the fiscal year, analysts are projecting earnings of $8.86 per share.
Chipot is expected to report revenue of $706.6 million for the quarter, beating last year's figure of $571.6 million by 23.6%. Revenue of $2.77 billion is expected for the fiscal year.
Company Performance: Revenue increases have been in the double digits for the past four quarters. It has risen by an average of 24%, with the biggest increase of 25.8% coming in the most recent quarter.
A company's price/earnings ratio (P/E ratio) provides a measure of how expensive or cheap a stock is. From the investor's perspective, a stock with a lower ratio is relatively cheaper than a stock with a higher ratio. SEE: Profit With The Power Of Price-To-Earnings
The stock price has fallen 9.3% to $392.37 from $432.43 since April 17, 2012. The stock saw one of its worst stretches when its price fell $23.63 per share between June 26, 2012 and June 27, 2012.
Investors should care about a company's quarterly earnings because it shows the state of the business over the past 90 days and provides guidance for the following 90 days. SEE: 5 Tricks Companies Use During Earnings Season
What to Expect: Despite rising from $2.24 over the past three months, the consensus estimate hasn't changed in the last 30 days. For the fiscal year, analysts are projecting earnings of $8.86 per share.
Chipot is expected to report revenue of $706.6 million for the quarter, beating last year's figure of $571.6 million by 23.6%. Revenue of $2.77 billion is expected for the fiscal year.
A company's price/earnings ratio (P/E ratio) provides a measure of how expensive or cheap a stock is. From the investor's perspective, a stock with a lower ratio is relatively cheaper than a stock with a higher ratio. SEE: Profit With The Power Of Price-To-Earnings
The stock price has fallen 9.3% to $392.37 from $432.43 since April 17, 2012. The stock saw one of its worst stretches when its price fell $23.63 per share between June 26, 2012 and June 27, 2012.
by
Investopedia Staff
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