Shares of Chipotle have tumbled 33% this year, dragging its market value down to roughly $54 billion.
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Chipotle Mexican Grill
is expected to report its third-quarter earnings after the bell on Wednesday.
Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report:
After a slow start to the year for Chipotle, Wall Street is anticipating that the chain’s same-store sales will grow for the first time in 2025. Analysts are expecting the company to report a same-store sales increase of 0.4%.
Chipotle shares have plummeted 35% over the last year.
At least five Wall Street analysts have cut their price targets for Chipotle shares after the chain's third-quarter earnings…
Chipotle stock has fallen about 33% over the last year, dragging the company's market value down to about $51 billion.
The recent pullback in shares of Chipotle may be nearing its end, Piper Sandler said in a note dated Monday.
Analysts are zeroing in on the potential impact of food inflation to margins and earnings.
Shares of McDonald's have risen roughly 3% this year. The fast-food giant has a market cap of nearly $220 billion.
