Chipotle (CMG) will report Q2 earnings after the market closes (16:10 last quarter) with a conference call to follow at 4:30 ET.

Current Cap IQ consensus estimates Q2 EPS of $2.81 (vs $2.32 last year) on revs of $1.26 bln (+8% Y/Y). Estimate is for comps +2.75%

CMG may comment on Q3 comps on the call. Current Q3 comps estimate is +4.7%

Q1 revs +7.4% and comps were +2.2% provided 5 focus areas that will 'drive sales'

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