Chipotle Stock Has a Lot to Prove on Tuesday

Chipotle Stock Has a Lot to Prove on Tuesday

Momentum isn't being kind to Chipotle Mexican Grill (NYSE: CMG) investors as we approach Tuesday afternoon's quarterly report. The stock hit a fresh four-year low last week, as a food-borne-illness outbreak in one restaurant and a mouse infestation in another made it a week to forget for Chipotle's spin doctors.

Wall Street, for its part, is holding out for a quarter of redemption for Chipotle. They see revenue soaring 19% to $1.19 billion, a combination of positive comps and brisk expansion. Chipotle began the quarter with 11% more restaurants than it had a year earlier, and unit-level sales should have no problem growing after last year's 23.6% second-quarter plunge.

Image source: Chipotle Mexican Grill.

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Source: Fool.com