Can CMG maintain its earnings momentum into 2025?

Chipotle Mexican Grill (CMG) is poised to maintain its earnings momentum into 2025, considering the following factors:

1. Expected Earnings Growth: Analysts project CMG to report earnings of $0.28 per share in the upcoming quarter, marking a 3.7% rise compared to the same quarter of the previous year. This indicates a positive earnings trend that could carry into 2025.
2. Revenue Projection: The consensus estimate for revenue is $2.96 billion, up 9.45% from the prior-year quarter. This substantial revenue growth suggests that CMG's sales momentum is likely to continue.
3. Long-Term Growth Trends: CMG has demonstrated a robust 3-year CAGR in net income of 30.62%, revenue of 14.47%, and diluted EPS of 31.7%. These long-term growth rates are indicative of a strong business model that can sustain earnings momentum.

4. Strategic Initiatives: CMG's aggressive growth strategy, including the planned opening of 315-345 new locations in 2025, is likely to contribute to continued earnings growth as these new stores ramp up.
5. Financial Capacity: CMG's financial statements show a repurchase of common stock of -$338.95 million, which, although negative, can be a sign of confidence from the company regarding future earnings potential.

6. Market Position: CMG's strong market position and ability to outperform competitors in customer visits suggest that it can continue to capture market share and grow earnings.
7. Analyst Optimism: Analysts have maintained or upgraded ratings for CMG, with a moderate buy rating and an average price target of $68.10, indicating optimism about the company's future performance.

In conclusion, CMG's expected earnings growth, revenue projection, long-term growth trends, strategic initiatives, financial capacity, market position, and analyst optimism all point to a strong likelihood of maintaining its earnings momentum into 2025.