Ticker delayed 20 minutes
Avg Daily Volume: 1,101,486 Market Cap: 3.99B Sector: Services Short Interest: 8.81 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .63/share REV: 688/M
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LAST QTR: EPS: .81/share ACTUAL: .70/share (MISS)
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NEXT QTR: EPS: .46/share REV: 654.5/M
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FULL YR: EPS: 2.29/share REV: 2,750/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 35% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -12.42, -4.71, -12.79
POTENTIAL JUMP MOVE: 10%
Links To Latest News and Headlines
The stock market rallied heading into Friday’s key jobs report. Apple popped late on earnings and massive stock buyback.
The headline numbers for Texas Roadhouse (TXRH) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Strong Start to 2024 with Notable Increases in Revenue and Net Income
Restaurant company Texas Roadhouse (NASDAQ:TXRH) reported results in line with analysts’ expectations in Q1 CY2024, with revenue up 12.5% year on year to $1.32 billion. It made a GAAP profit of $1.69 per share, improving from its profit of $1.28 per share in the same quarter last year.
LOUISVILLE, Ky., May 02, 2024 (GLOBE NEWSWIRE) — Texas Roadhouse, Inc. (NasdaqGS: TXRH) today announced financial results for the 13 weeks ended March 26, 2024. Financial Results Financial results for the 13 weeks ended March 26, 2024 and March 28, 2023 were as follows: 13 Weeks Ended($000’s, except per share amounts) March 26, 2024 March 28, 2023 % changeTotal revenue $1,321,217 $1,174,356 12.5%Income from operations 133,128 100,945 31.9%Net income 113,206 86,387 31.0%Diluted earnings per shar
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