Confidence in Chipotle in front of earnings

• Shares of Chipotle (CMG +1.2%) trade higher heading into the company's Q3 earnings release after the bell today.
• Analysts expect EPS of $3.84 on revenue of $1.06B.
• The read from the restaurant operator on beef costs for Q4 and into 2015 will be closely watched.
• Chipotle has already posted a pair of post-earnings rallies this year after reporting a sizzling pace of comparable-restaurant sales of 13.4% in Q1 and 17.3% in Q2. The forecast for Q3 is for another double-digit comp.
• Chipotle earnings preview