Chipotle Beats Estimates, Yet Is Down 5 Percent After Hours

April 22, 2015 1:25 AM

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Chipotle (NYSE:CMG) reported its Q1 earnings after the market closed today. The company reported revenue growth of 20% (to $1.09 billion), comparable restaurant sales growth of 10.4% and earnings per share of $3.88, a beat by $0.22.

49 new restaurant openings and comp sales growth of 10.4% pushed revenues to $1.09 billion (from $904 million in Q1 2014).

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