Texas Roadhouse Beats Up on Analysts Yet Again
Texas Roadhouse (NAS: TXRH) reported earnings on April 30. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 27 (Q1), Texas Roadhouse met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share was unchanged.
Gross margins increased, operating margins shrank, net margins dropped.
Texas Roadhouse logged revenue of $324.9 million. The 14 analysts polled by S&P Capital IQ foresaw revenue of $324.1 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $283.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.31. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.29 per share. GAAP EPS of $0.27 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 35.6%, 70 basis points better than the prior-year quarter. Operating margin was 9.1%, 160 basis points worse than the prior-year quarter. Net margin was 5.8%, 120 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $318.9 million. On the bottom line, the average EPS estimate is $0.23.
Next year's average estimate for revenue is $1.26 billion. The average EPS estimate is $0.94.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 287 members out of 328 rating the stock outperform, and 41 members rating it underperform. Among 102 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 88 give Texas Roadhouse a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Texas Roadhouse is hold, with an average price target of $18.17.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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