Texas Roadhouse Q3 EPS $0.95 Misses $1.06 Estimate, Sales $1.12B Beat $1.12B Estimate
Portfolio Pulse from Happy Mohamed
Texas Roadhouse (NASDAQ:TXRH) reported Q3 earnings of $0.95 per share, missing the analyst consensus estimate of $1.06 by 10.38 percent. However, the company's quarterly sales of $1.12 billion beat the analyst consensus estimate by 0.16 percent, marking a 12.93 percent increase over sales from the same period last year.
October 26, 2023 | 8:12 pm
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Texas Roadhouse's Q3 earnings per share missed analyst estimates by 10.38%, but sales beat estimates by 0.16% and increased 12.93% YoY.
Texas Roadhouse's Q3 earnings per share missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the company's stock price. However, the company's sales beat estimates and showed a significant YoY increase, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100