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Chipotle set to report third quarter earnings, looks to reverse sales slide with stock down 30% this year

Chipotle (CMG) is set to report third quarter results after the market close on Wednesday as it looks to end a run of sales declines and stabilize the story for investors with the stock down over 30% so far this year. The company is expected to report adjusted earnings per share of 0.29onrevenueof0.29 on revenue of 3.02 billion in the quarter, according to data from Bloomberg. This would mark a roughly 7% rise in adjusted EPS and an 8.6% rise in revenue over the prior year. Same-store sales are expected to see a slig ...