Chipotle Mexican Grill (
) is due with its Q1 results in the pre-market on Thursday, April
17, and analysts polled by Capital IQ expect the company to report
a profit of $2.86 per share on revenue of $873 million.
CMG has widened its earnings-driven after-hours trade in
next-day regular session play in 13 of 23 quarters.
Heading into Thursday's quarterly results, shorts are seeing a
mixed widening pattern emerge. Longs hold an advantage,
historically seeing their earnings-driven after-hours gains bulk up
with additional upside in next-day regular session trade.
The stock has declined 10 times in reaction to earnings over the
23 quarters for which we have data. It has reversed that move five
times. Of the 13 quarterly gains, shares extended that move eight
times, or 62% of the time.
On Jan. 30, 2014, CMG soared 12.6% in night trade after beating
on Q4 sales and meeting earnings expectations. The stock held most
of its gains the next day but narrowed slightly, ending the Jan. 31
regular session up 11.7%.
On Oct. 17, 2013, CMG gained 7.9% in after-hours trade after
topping Q3 expectations. The stock jumped higher the following day,
closing the Oct. 18 regular session up 16.1%.
On July 18, 2013, CMG advanced 4.6% in night trade after topping
the Q2 Street consensus. The stock firmed higher the next day,
closing the July 19 regular session up 8.5%.
On April 18, 2013, CMG gained 4.5% in after-hours trade after
topping Q1 expectations. The stock soared the next day, ending the
April 19 regular session up 11.5%.
On Feb. 5, 2013, CMG slipped 0.6% in after-hours trade after
beating on revenue and meeting on earnings. The stock reversed
direction the next day, closing the Feb. 6 regular session up
On Oct. 18, 2012, CMG tumbled 10.5% in night trade after missing
Q3 estimates. The stock was hammered further south the next day,
ending the Oct. 19 regular session off 15%.
On July 19, 2012, CMG slumped 11.7% in after-hours trade after
missing Q2 revenue expectations. The stock plummeted lower the next
day, closing the July 20 regular session 21.5%.
On April 19, 2012, CMG edged up 0.9% in night trade after
topping Q1 estimates. It reversed direction the next day, closing
the April 20 regular session off 2.6%.
On Feb. 1, 2012, CMG declined 2% in evening trade after missing
earnings estimates. The stock recorded the same 2% drop in the Feb.
2 regular session.
On Oct. 20, 2011, CMG advanced 4% in after-hours trade after
beating Q3 expectations. The stock jumped higher the next day,
rising 8.3% by the close on Oct. 21.
On July 19, 2011, the stock fell 3.9% after Q2 mixed results.
Shares fell a slimmer 1.1% the next day.
On April 20, 2011, CMG declined 3.5% in after-hours action
despite topping Q1 expectations. The stock added modestly to its
negative trade the next day, ending the April 21 regular session
On Feb. 10, 2011, CMG surged 8.6% in evening trade after beating
Q4 estimates. CMG cut its upside sharply the next day, ending the
Feb. 11 regular session up 4.7%.
On Oct. 21, 2010, CMG gained 4.3% in night trade after topping
Q3 estimates. The stock soared higher the following day, closing
the Oct. 22 regular session up 14.8%.
On July 22, 2010, the stock gained 3.2% during extended-hours
trading after a Q2 beat. Shares rose a stronger 9.2% the next
On April 22, 2010, the stock was up 5.6% after a Q1 beat. Shares
rose a smaller 2.6% the next day.
On Feb. 11, 2010, the stock fell 3% after an earnings beat but a
revenue miss. Shares rebounded to rise 3.7% the next day.
On Oct. 22, 2009, the stock fell 3.9% during extended-hours
trading after Q3 EPS beat and sales were in line. Shares fell a
wider 8% the next day.
On July 22, 2009, CMG declined 1% in after-hours trade after
reporting Q2 revenue shy of expectations. The stock turned higher
the following day, ending the July 23 regular session with a 3.3%
On April 22, 2009, the stock jumped 9.6% after the company
easily beat year-ago results. Shares fell 0.2% the next day.
On Feb. 14, 2008, CMG was hit for a 13.2% decline in after-hours
trade after coming in shy of Q4 earnings expectations. The downside
was trimmed the next day as CMG closed the regular session with a
On Oct. 30, 2007, CMG gained 2.6% in night trade after topping
Q3 expectations. It added to its upside on Oct. 31, ending the day
with a 4.1% advance.
On July 31, 2007, CMG firmed 5.2% in evening action on the heels
of better-than-expected Q2 results. The stock leaped higher on Aug.
1, rising 12.2% between the bells.
On May 1, 2007, CMG advanced 5% in after-hours play after
blowing past Q1 Street estimates. The stock ballooned higher on May
2, rocketing 17.8% by the close.
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