Chipotle Mexican GrillIt is anticipated that it will report fourth-quarter earnings following the bell on Tuesday.

Refinitiv has surveyed Wall Street analysts to see what they expect:

• Earnings per share:Expected cost $5.25
• Revenue:Estimated $1.96 trillion

The burrito restaurant chain faces higher labor costs and more expensive ingredients, just like the rest. Both McDonald’s StarbucksWall Street expectations of earnings for the quarter ended in December, as increased expenses impacted their bottom line.

Chipotle recently raised its prices to combat inflation. Wall Street, however, is certain that Chipotle’s customers will not mind paying more for burritos or tacos. StreetAccount estimates predicts 14.8% growth in sales at the same store by analysts. This is higher than what Chipotle expected back in October before it introduced the micron variant.

Wall Street predicts that the company’s 2022 earnings will grow by 31.4%, and its revenue will reach $8.62 million. Since early 2020 when the pandemic brought new uncertainty to its operations, the chain has not released a full year outlook.

Chipotle’s shares fell 3% during the past twelve months. The company now has a market worth $40.9 billion.