Chipotle: Fourth Quarter Earnings Overview

Chipotle Reports Strong Fourth Quarter Earnings

Chipotle Mexican Grill Inc., headquartered in Newport Beach, California, announced a net profit of $330.9 million for the fourth quarter.

The company achieved earnings of 25 cents per share, outperforming the consensus estimate of 24 cents per share from 13 analysts polled by Zacks Investment Research.

Chipotle's revenue for the quarter reached $2.98 billion, exceeding analysts' projections of $2.97 billion based on a survey of 11 analysts by Zacks.

For the full year, Chipotle recorded a total profit of $1.54 billion, translating to $1.14 per share, with annual revenue totaling $11.93 billion.

Article generated by Automated Insights using information from Zacks Investment Research.