Saturday 28 July 2018

Chipotle Mexican Grill, Inc. (CMG) Stock Rallies on Strong Earnings

Chipotle Mexican Grill, Inc. (CMG) Stock Rallies on Strong EarningsChipotle Mexican Grill, Inc. (NYSE: CMG) investors got more good news on Thursday when the company reported its third consecutive quarter of positive earnings numbers. Chipotle's growth finally seems to be back on track, but some analysts say CMG stock is simply too expensive to own at its current price. Chipotle reported second-quarter adjusted earnings per share of $2.87 on revenue of $1.3 billion.




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