What's Going On With Chipotle Mexican Grill Stock Tuesday?
Portfolio Pulse from Dylan Berman
Chipotle Mexican Grill (NYSE:CMG) is in focus ahead of its earnings report for the 2024 fiscal-year second quarter, expected to be released on Wednesday after market close. Analysts predict an EPS of 32 cents and revenue of $2.93 billion. The stock is currently trading at $52.85, below its 50-day moving average of $61.97 and within its 52-week range of $35.37 to $69.26.
July 23, 2024 | 6:34 pm
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Chipotle Mexican Grill is set to report its Q2 2024 earnings, with analysts expecting an EPS of 32 cents and revenue of $2.93 billion. The stock is currently trading below its 50-day moving average.
The upcoming earnings report is a significant event for Chipotle, as it will provide insights into the company's financial performance and future outlook. The stock's current trading position below its 50-day moving average suggests potential volatility. Positive earnings could lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100