Analysts Rein In Chipotle Estimates On Light Sales Forecast, Optimism Remains
February 04, 2015 at 10:07 AM EST
Chipotle Mexican Grill (CMG) is falling nearly 7% after its mixed fourth-quarter earnings report. Chipotle beat earnings estimates, but its revenue was lower than expected, as were comparable sales; its comp forecast also missed consensus estimates. A number of analysts were ratcheting down their expectations following the news, but most were still upbeat about the [...]