Chipotle Earnings Preview: What to Watch on Wednesday

Chipotle Earnings Preview: What to Watch on Wednesday

Chipotle Mexican Grill (NYSE: CMG) is set to announce its third quarter results after the market closes on Wednesday, Oct. 21. The 60% surge in Chipotle's share price this year shows that investors have high expectations for this report, especially given that industry peers like McDonald's (NYSE: MCD) have stuck closer to the broader market's 8% year-to-date rally. Let's look at the key metrics in Wednesday's report that might push Chipotle's market-beating gains deeper into 2020.