Chipotle (CMG) About To Serve Up Earnings

Chipotle's (CMG) earnings are to be released today, April 25th. Alex Coffey and Jenny Horne discuss this as its adjusted EPS is estimated at $8.89 and revenue is estimated at $2.34B. They talk about how CMG is up over 29% year-to-date and sees healthy store opening growth. They note that CMG is up approximately 50% from its 52-week low. They then compare CMG to McDonald's (MCD), highlighting the key difference that CMG is still a growth company. Alex then demonstrates an example trade using CMG. The trade type is a buy a call condor and the direction is bullish. Tune in to find out more about the stock market today.