Chipotle Mexican Grill Inc. Reports 82% Fall In Q2 Bottom Line

(RTTNews) - Chipotle Mexican Grill Inc. (CMG) reported earnings for second quarter that declined from last year.

The company said its bottom line fell to $25.60 million, or $0.87 per share. This was lower than $140.20 million, or $4.45 per share, in last year's second quarter.

Analysts had expected the company to earn $0.93 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 16.7% to $1.00 billion. This was down from $1.20 billion last year.

Chipotle Mexican Grill Inc. earnings at a glance:

-Earnings (Q2): $25.60 Mln. vs. $140.20 Mln. last year. -Earnings Decline (Y-o-Y): -81.7% -EPS (Q2): $0.87 vs. $4.45 last year. -EPS Decline (Y-o-Y): -80.4% -Analysts Estimate: $0.93 -Revenue (Q2): $1.00 Bln vs. $1.20 Bln last year. -Revenue Change (Y-o-Y): -16.7%