What Analysts Expect from Chipotle’s 1Q18 Earnings
Analysts expect Chipotle Mexican Grill (CMG) to post adjusted EPS (earnings per share) of $1.58 in 1Q18, which represents a fall of 1.3% from $1.60 in 1Q17. Analysts expect the decline in Chipotle’s EBIT (earnings before interest and tax) margin to offset the effects of revenue growth and a lower effective tax rate to post a decline in Chipotle’s 1Q18 EPS. Analysts expect Chipotle’s EBIT margins to fall from 6.8% in 1Q17 to 5.6% in 1Q18.