Texas Roadhouse Q2 2024 GAAP EPS $1.79 Beats $1.63 Estimate, Sales $1.341B Beat $1.338B Estimate
Portfolio Pulse from Benzinga Newsdesk
Texas Roadhouse (NASDAQ:TXRH) reported Q2 2024 earnings per share (EPS) of $1.79, surpassing the analyst estimate of $1.63 by 9.82%. The company also reported sales of $1.341 billion, beating the estimate of $1.338 billion and marking a 14.52% increase from the same period last year.
July 25, 2024 | 8:05 pm
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Texas Roadhouse reported strong Q2 2024 earnings, with EPS of $1.79 beating estimates by 9.82% and sales of $1.341 billion surpassing expectations. This performance indicates robust growth, with sales increasing by 14.52% year-over-year.
The strong earnings and sales performance, beating both EPS and revenue estimates, suggests positive investor sentiment and potential short-term stock price appreciation. The significant year-over-year sales growth further supports this outlook.
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