Chipotle (CMG) to Report Q4 Earnings: What's in the Offing?

Chipotle Mexican Grill, Inc. (CMG) is scheduled to report fourth-quarter 2023 results on Feb 6. In the last reported quarter, the company delivered an earnings surprise of 8.6%.How Are Estimates Placed?The Zacks Consensus Estimate for fourth-quarter earnings is pegged at $9.71, indicating growth of 17.1% from $8.29 registered in the year-ago quarter.For revenues, the consensus mark is pegged at nearly $2.5 billion, suggesting an increase of 14.2% from the prior-year quarter’s figure. Let’s discuss the facto ...