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Chipotle Earnings: What To Look For From CMG

February 01, 2026 at 22:04 PM EST

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

CMG Cover Image

Mexican fast-food chain Chipotle (NYSE: CMG) will be reporting results this Tuesday afternoon. Here’s what you need to know.

Chipotle met analysts’ revenue expectations last quarter, reporting revenues of $3.00 billion, up 7.5% year on year. It was a slower quarter for the company, with a miss of analysts’ EBITDA estimates and revenue in line with analysts’ estimates.

Is Chipotle a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Chipotle’s revenue to grow 4.2% year on year to $2.96 billion, slowing from the 13.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.24 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Chipotle has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Chipotle’s peers in the restaurants segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Brinker International delivered year-on-year revenue growth of 6.9%, beating analysts’ expectations by 2.9%, and Starbucks reported revenues up 5.5%, topping estimates by 2.6%. Brinker International traded up 2.1% following the results while Starbucks was down 1.9%.

Read our full analysis of Brinker International’s results here and Starbucks’s results here.

Investors in the restaurants segment have had steady hands going into earnings, with share prices flat over the last month. Chipotle is up 1.4% during the same time and is heading into earnings with an average analyst price target of $45.18 (compared to the current share price of $38.81).

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