Chipotle Mexican Grill (NYSE: CMG) reported fourth-quarter 2020 financial results after the regular market hours on Tuesday. The restaurant chain reported fourth-quarter revenue of $1.6 billion, up 12% year-over-year, but missed the Wall Street projection. Net income of $3.48 per share was also lower than what analysts had anticipated.
CMG shares fell 3.8% immediately following the announcement. The stock has rallied 76% in the trailing twelve months.
CEO Brian Niccol said in a statement, “Expanding access and convenience through our digital ecosystem has kept the Chipotle brand relevant and with world class talent, an inclusive culture, strong business fundamentals and deep financial strength, we are well prepared to emerge even stronger post-COVID.”
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after
Twilio (NYSE: TWLO) reported first quarter 2021 earnings results today. Revenue increased 62% year-over-year to $590 million. GAAP net loss widened to $206 million, or $1.24 per share, compared to
Uber Technologies (NYSE: UBER) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The ride-hailing company reported Q1 revenue excluding the UK accrual of $3.5 billion, up