Texas Roadhouse Q2 EPS $1.22 Beats $1.20 Estimate, Sales $1.17B Beat $1.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Texas Roadhouse (NASDAQ:TXRH) reported Q2 earnings of $1.22 per share, beating the analyst consensus estimate of $1.20 by 1.67%. This is a 14.02% increase from the same period last year. The company also reported quarterly sales of $1.17 billion, beating the analyst consensus estimate by 0.09%, a 14.24% increase from the same period last year.
July 27, 2023 | 8:04 pm
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Texas Roadhouse reported better than expected Q2 earnings and sales, indicating a strong financial performance.
Texas Roadhouse's Q2 earnings and sales exceeded analyst estimates, which is a positive signal for the company's financial health. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100