NEWPORT BEACH, Calif. (AP) _ Chipotle Mexican Grill Inc. (CMG) on Tuesday reported fourth-quarter net income of $133.5 million.
The Newport Beach, California-based company said it had profit of $4.69 per share. Earnings, adjusted for non-recurring costs, were $5.58 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $5.18 per share.
The Mexican food chain posted revenue of $1.96 billion in the period, also topping Street forecasts. Twelve analysts surveyed by Zacks expected $1.95 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMG at https://www.zacks.com/ap/CMG
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