Texas Roadhouse Inc reports results for the quarter ended March 31 - Earnings Summary

• Texas Roadhouse Inc TXRH.OQ reported quarterly adjusted earnings of $1.70​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.69. The mean expectation of twenty eight analysts for the quarter was for earnings of $1.76 per share. Wall Street expected results to range from $1.61 to $1.92 per share.

• Revenue rose 9.6% to $1.45 billion from a year ago; analysts expected $1.44 billion.

• Texas Roadhouse Inc's reported EPS for the quarter was $1.70​.

• The company reported quarterly net income of $113.66 million.

• Texas Roadhouse Inc shares had risen by 2.8% this quarter and lost 5.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.9% in the last three months.​

• In the last 30 days, ten analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 18 "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy"

• Wall Street's median 12-month price target for Texas Roadhouse Inc is $180.00

This summary was machine generated from LSEG data May 8 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)