Today's Early Winners and Losers

Shares of Chipotle Mexican Grill (CMG) jumped in late trading Monday after the restaurant chain reported a better-than-expected profit in its first earnings release as a public company. Chipotle posted a profit of $4.3 million, or 16 cents a share, reversing a year-earlier loss of $3.7 million, or 14 cents a share. Revenue jumped to $173.3 million from $127.5 million, while same-store sales rose 14.3%. The results beat Wall Street's forecast for earnings of 11 cents a share and revenue of $168.5 million, based on Thomson First Call estimates.

Chipotle, which was spun off from McDonald's(MCD) in January, said restaurant sales momentum from the fourth quarter has continued into early 2006, helped by favorable weather in many markets, results against soft comparable sales in early 2005 and increased brand awareness generated by IPO-related publicity. Chipotle shares jumped $2.49, or 5.7%, to $45.90 in after-hours trading.

MIVA (MIVA) shares sank 12% after the online marketing company posted a wider-than-expected loss and offered a weak outlook. The company swung to a loss of $4.66 million, or 15 cents a share, from earnings of $4.75 million, or 15 cents a share, a year earlier. Excluding certain items, the company recorded an adjusted loss of 2 cents a share, 1 cent worse than analysts' mean estimate. Revenue fell to $43 million from $58.7 million. Analysts expected revenue of $42.8 million.

For the current quarter, MIVA forecast an adjusted loss of 1 cent to 4 cents a share, with revenue of $43 million to $45 million. Analysts, on average, were looking for earnings of 2 cents a share and revenue of $45.7 million. MIVA shares fell 55 cents to $4.08 after hours.

Harris(HRS) shares climbed after the communications-systems company forecast fiscal 2007 earnings ahead of Wall Street's expectations. The company said it expects earnings of $2.45 to $2.55 a share for the year beginning July 1. Analysts are expecting earnings of $2.40 a share. The company, which offered its guidance ahead of its annual analyst meeting this week, projects fiscal 2007 revenue of $3.8 billion to $3.9 billion. Wall Street expects revenue of $3.78 billion. Shares gained $1.46, or 3.4%, to $44.70 after hours.