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Date: 10/18/2012
Chipotle Misses Earnings Big, Stock DIVES After Hours Chipotle earnings were $2.27, below estimates of $2.29 per share. The stock is down more than 14 percent in after-hours trading. Chipotle reports Q3 EPS $2.27, consensus $2.30. Chipotle reports Q3 comparable restaurant sales up 4.8%. Chipotle reports Q3 restaurant level operating margin up 70 bps to 27.4%. Chipotle sees mid-single digit comparable restaurant sales growth for 2012. Chipotle sees flat to low-single digit comparable restaurant sales in 2013. Join us free in our trading room for 5 days or follow us on Facebook, Twitter, Stock Trading Videos Youtube, Google+, LinkedIn and Profit.ly.
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