Chipotle Stock Falls 13+% After Hours

Date February 14, 2008

Chipotle reported earnings tonight. Their net income was up 62% at 53 cents per share. Unfortunately, they missed analyst estimates by 2 cents per share, which sent shares down 13+% after hours. The share price was around $93.50 after hours.

I’m so tired of watching my stocks tumble because of over optimistic estimates.

Dear Chipotle Management, please be more conservative with your estimates!

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