Chipotle Mexican Grill (CMG) and Pandora Media (P) released their latest earnings reports after closing bell tonight. Chipotle posted earnings of 27 cents per share on $1 billion in revenue. Analysts had been looking for $1.59 per share in earnings on $1.09 billion in revenue. In last year’s third quarter, the fast casual dining chain reported $4.59 per share in earnings.

Pandora Media reported adjusted losses of 7 cents per share and $351.9 million in revenue, compared to the Street’s expectations of 6 cents per share in losses and $366.33 million in revenue for the third quarter. In last year’s third quarter, the company reported $311.6 million in revenue.

Chipotle Mexican Grill’s comparable sales fall

Chipotle Mexican Grill’s comparable restaurant transactions declined 15.2%, while its comparable restaurant sales fell 21.9%. The restaurant level operating margin fell to 14.1% from 28.3%. The company opened 54 new restaurants, net one closure. Food costs amounted to 35.1%, which was an increase of 210 basis points.

Chipotle Mexican Grill now expects comparable restaurant sales to decline in the low single digits for the fourth quarter. For next year, the company expects comparable restaurant sales to increase in the high single digits and $10 per share in earnings.

Shares of Chipotle Mexican Grill declined by as much as 2% to $397.56 in after-hours trades.

Pandora Media shares plunge

Pandora Media’s GAAP losses were 27 cents per share or $61.5 million in the third quarter, an improvement from the 40 cents per share or $85.9 million the streaming radio service provider reported last year. Ad revenue increased 7% to $273.7 million, while ticketing service revenue grew 25% to $22.1 million. Adjusted EBITDA was a loss of $6.6 million, a decline from last year’s adjusted EBITDA profit of $31.5 million.

The company said total listener hours increased 5% to 5.4 billion versus the year-ago quarter’s 5.14 billion. The number of active listeners declined year over year, however, falling to 77.9 million from 78.1 million last year.

Pandora Media expects its adjusted EBITDA loss to be between $51 million and $39 million for the fourth quarter and between $140 million and $128 million for the full year. The company expects its revenue to be between $362 million and $374 million for the fourth quarter and between $1.354 billion and $1.366 billion for the full year.

Shares of Pandora Media plunged in after-hours trades, falling by as much as 8.46% to $11.12.