“The company reported earnings of $1.95 per share, right in line with expectations.
Revenues came in at $699.2 million, also right in line.
Same-store sales also matched expectations, up 3.8 percent in the fourth quarter.
The company says it sees 2013 sales growth unchanged or in low single digits.
We will have the full release here momentarily.
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ORIGINAL: Minutes away from Chipotle Mexican Grill’s fourth-quarter 2012 earnings report, expected out just after the closing bell at 4 PM ET.
Analysts expect the fast-food chain to report earnings of $1.95 per share (matching company guidance) down from $2.30 in Q3.
Sales are expected to come in at $699 million, down slightly from $700.5 million in Q3 and just below company guidance of $699.2 million.
Chipotle pre-announced this release in mid-January, which is where the guidance numbers above come from. The stock fell 5 percent on the news, but has since rallied 3 percent above the level it was trading at before the pre-announcement….”
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