Chipotle Mexican Grill (CMG) Beats Q1 Earnings Estimates

Core Viewpoint - Chipotle Mexican Grill reported quarterly earnings of $0.29 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, and showing an increase from $0.27 per share a year ago, indicating a positive earnings surprise of 3.57% [1][2] Financial Performance - The company achieved revenues of $2.88 billion for the quarter ended March 2025, which was 1.49% below the Zacks Consensus Estimate, compared to $2.7 billion in the same quarter last year [2] - Over the last four quarters, Chipotle has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Performance - Chipotle shares have declined approximately 21.9% since the beginning of the year, contrasting with the S&P 500's decline of 10.1% [3] - The current Zacks Rank for Chipotle is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $3.24 billion, and for the current fiscal year, it is $1.26 on revenues of $12.52 billion [7] - The trend of estimate revisions for Chipotle is currently mixed, which may change following the recent earnings report [6] Industry Context - The Retail - Restaurants industry, to which Chipotle belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]