Texas Roadhouse, Inc. (TXRH) is scheduled to report third-quarter 2024 results on Oct. 24, after market close. In the last reported quarter, the company delivered an earnings surprise of 7.8%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Q3 ExpectationsThe Zacks Consensus Estimate for third-quarter earnings per share is pegged at $1.33, indicating a 40% increase from the year-ago quarter's 95 cents.For revenues, the consensus mark is pegged at $1.28 billion. The metric suggests gr ...

In its upcoming report, Texas Roadhouse (TXRH) is predicted by Wall Street analysts to post quarterly earnings of $1.33 per share, reflecting an increase of 40% compared to the same period last year. Revenues are forecasted to be $1.28 billion, representing a year-over-year increase of 14.3%.Over the last 30 days, there has been an upward revision of 1.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ini ...

LOUISVILLE, Ky., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (NasdaqGS: TXRH) announced today that it will release third quarter 2024 financial results on Thursday, October 24, 2024 after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from the investor relations portion of the Company's website at www.texasroadhouse.com. Listeners may also access the call by dialing (888) 440-5667 or (646) 960-0476 for international calls and referencing the Texas Roadhous ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Texas Roadhouse (TXRH) , which belongs to the Zacks Retail - Restaurants industry. This restaurant chain has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.13%. For the last reported quarter, Texas Roadhouse came out with earnings of $1.79 per share ve ...

I'm an equity analyst specializing in restaurant stocks, with a solid background in Business Administration and Accounting. I also have an MBA in Forensic Accounting and Controllership.As the founder of Goulart's Restaurant Stocks, I lead a company that excels at analyzing restaurant stocks in the US market. Our approach covers a wide range of segments, including QSR, fast casual, casual dining, fine dining and family dining. We use advanced analytical models and specialized valuation techniques to provide ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Texas Roadhouse, Inc. (TXRH) has been on a sizzling run this year, with its stock climbing an impressive 35.4%, outpacing the industry's modest 1.9% growth. But what's fueling this surge and is there still room for investors to enjoy more gains? The company's stellar performance can be attributed to a combination of strong same-store sales, a growing digital presence and aggressive expansion initiatives. Not only has Texas Roadhouse exceeded earnings expectations in four of the last five quarters but also a ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Texas Roadhouse (TXRH) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question. Texas Roadhouse is one of 211 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within the Zacks Sector Rank. The Zacks S ...

Texas Roadhouse (TXRH) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since ...

chapin31 If a company beats estimates by a considerable margin, and shares don't move, it might be a sign that the valuation is full. Not always, but more often than not. Texas Roadhouse, Inc. (NASDAQ:TXRH) beat its second-quarter EPS estimate by over 9%, but shares are essentially flat since, albeit they are slightly outperforming the market. I missed out on the multiple expansion story, but I encourage investors not to chase here. Let's dive in. Introduction I've been following Texas Roadhouse for quite a ...