Third Quarter Earnings Reports by Restaurants – Chipotle Mexican Grill, Inc. (NYSE:CMG) Likely to Post Positive results

Restaurant industry investors are gearing up for the latest earnings season. According to analysts and their estimates most of the big names are likely to post profits and year-over-year revenue. McDonald’s (NYSE:MCD) however is expected to be the biggest name that will post nothing but losses and declines.

McDonald’s (NYSE:MCD) has had a very tough year because of a few controversies and other emerging competitors in the market. The fast food giant will reveal its earnings report on the 21^st of October. According to forecasts and estimates the third quarter report will reveal revenue of $7.21 billion. This figure is less than its revenue of $7.32 billion last year.

McDonald’s (NYSE:MCD) has been facing a slump in its sales not only because of its dwindling customers, but also because of the China meat supplier controversy, which caused a loss in revenue generate from Asia. McDonald’s (NYSE:MCD)’s shares still stand strong at the stock market with on 5.9% year-to-date loss.

McDonald’s (NYSE:MCD)’s expected third quarter loss will be its third loss in a row. It will be interesting to see if the fast good chain could give some optimistic forecast for its future status both in the US and overseas. The good news for McDonald’s (NYSE:MCD) is that if the losses for the quarter are not too heavy then it might still be able to retain its investors for some time.

Other than McDonald’s (NYSE:MCD) most of the big restaurants are likely to pose good sales and earnings. According to market cap the 20 of the biggest restaurants in the industry are likely to show an improved EPS for the quarter; the improvement is expected to be by 15.8% on average as compared to last year. As far as revenue goes it is expected to go up by 4.1%.

One of the successful restaurants is expected to be Chipotle Mexican Grill, Inc. (NYSE:CMG). Analysts are expected it to post $1.06 billion in revenue, which will be an increase by 27.8% from last year.

Buffalo Wild Wings (NASDAQ:BWLD) on the other hand is expected to reveal a jump up in its revenue by 17.7%.

Chipotle Mexican Grill, Inc. (NYSE:CMG) will announce its third quarter earnings report on the 20^th of October.

Here is a snapshot of what analysts believe the report will show;

Chipotle Mexican Grill, Inc. (NYSE:CMG) earnings are likely to be $3.83/share, which will be an increase by 44% from last year.
Same-store sales for the restaurant is estimated to show an increase by 16.6%, which were up by 17.3% in its second quarter.

Pressure will be on Chipotle Mexican Grill, Inc. (NYSE:CMG) because if the restaurant fails to meet these estimates that it would be difficult to say if its investors will be generous in giving the restaurant another shot.

Other restaurants that will be revealing their latest quarter’s results include Dunkin’ Brands Group Inc (NASDAQ:DNKN) and Dine Equity Inc (NYSE:DIN). Whereas Yum! Brands, Inc. (NYSE:YUM), Domino’s (NYSE:DPZ), Taco Bell, KFC and Pizza Hut have already reported their earnings for the quarter.