Chipotle Mexican Grill Q3 2024 Adj EPS $0.27 Beats $0.25 Estimate, Sales $2.79B Miss $2.82B Estimate
Portfolio Pulse from Benzinga Newsdesk
Chipotle Mexican Grill reported Q3 2024 earnings per share of $0.27, beating the estimate of $0.25, but sales of $2.79 billion missed the $2.82 billion estimate. Earnings increased by 17.39% and sales by 12.99% compared to the same period last year.
October 29, 2024 | 8:11 pm
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Chipotle's Q3 2024 earnings per share exceeded expectations, but sales fell short. Despite the sales miss, both earnings and sales showed significant year-over-year growth.
Chipotle's earnings per share beat expectations, which is a positive indicator for investors. Although sales missed estimates, the year-over-year growth in both earnings and sales suggests strong performance. The market may react positively to the earnings beat, despite the sales miss.
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IMPORTANCE 80
RELEVANCE 100