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Chipotle (CMG) Stock Analysis: Buy CMG Shares After Earnings Miss?
Chipotle (#CMG) announced their 2020 Q4 earnings and shares are dipping after missing analyst expectations. The company reported and EPS of $3.48 (miss by $0.26) and revenue of $161B.
Although #Chipotle missed analyst expectations the company reported that their full year 2020 growth was up overall. The restaurant chain also plans on opening 200 more restaurants in 2021 and continuing growth on their digital revenue front. Should investor be worried about the earnings miss, or should they be buying for future growth expectations?
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By Financial MoversChipotle (#CMG) announced their 2020 Q4 earnings and shares are dipping after missing analyst expectations. The company reported and EPS of $3.48 (miss by $0.26) and revenue of $161B.
Although #Chipotle missed analyst expectations the company reported that their full year 2020 growth was up overall. The restaurant chain also plans on opening 200 more restaurants in 2021 and continuing growth on their digital revenue front. Should investor be worried about the earnings miss, or should they be buying for future growth expectations?