Chipotle Mexican Grill (CMG) - Get Chipotle Mexican Grill, Inc. Report is expected to report adjusted net income of $105.2 million, or $3.74 a share, on sales of $1.4 billion after the market closes on Tuesday, based on a FactSet survey of 33 analysts.
In the same period a year ago, the company posted earnings of $2.87 a share on sales of $1.3 billion. It reported net income of $59.4 million.
The stock has risen 5.2% since the company last reported earnings on Apr. 24.
Quarterly estimates have risen less than 1 cent a share in the past month.
Chipotle is currently trading at a price-to-forward-earnings ratio of 49.2 based on the 12-month estimates of 34 analysts surveyed by FactSet.
In the upcoming quarter analysts are forecasting adjusted net income of $88.3 million, or $3.16 a share, on sales of $1.4 billion.
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