Chipotle Gains as Major U.S. Indexes Fall; Earnings Due Oct. 28

Chipotle Mexican Grill shares rose 1.66% to close at $31.85 in the latest session, while the S&P 500 fell 0.77%. The Dow lost 0.67% and the Nasdaq declined 0.92%.

The gain came after a difficult month for the stock. Chipotle shares fell 17.62% over that period, while the Retail-Wholesale sector lost 6.02% and the S&P 500 gained 0.96%.

Chipotle plans to report earnings on Oct. 28. The latest consensus estimate calls for earnings of $0.29 per share, unchanged from the prior-year quarter, and revenue of $3.28 billion, up 9.32% year over year.

For the full year, Zacks consensus estimates call for earnings of $1.15 per share and revenue of $13 billion. Those figures would represent a 1.71% decline in earnings and an 8.99% rise in revenue from the prior year.

Zacks said its consensus estimate for earnings per share had risen 0.08% over the past month. It also listed Chipotle's forward price-to-earnings ratio at 27.34, compared with 20.71 for the industry. The stock's PEG ratio was 1.92, against an industry average of 1.76.