Texas Roadhouse Q3 2024 GAAP EPS $1.26 Misses $1.31 Estimate, Sales $1.273B Miss $1.274B Estimate
Portfolio Pulse from Benzinga Newsdesk
Texas Roadhouse reported Q3 2024 earnings per share of $1.26, missing the analyst estimate of $1.31. Sales were $1.273 billion, slightly below the $1.274 billion estimate, but up 13.46% from last year.
October 24, 2024 | 8:05 pm
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Texas Roadhouse's Q3 2024 earnings per share of $1.26 missed the analyst estimate of $1.31, and sales of $1.273 billion were slightly below the $1.274 billion estimate. Despite the miss, sales increased by 13.46% compared to the same period last year.
The earnings per share and sales figures both missed analyst estimates, which is typically viewed negatively by investors, potentially leading to a short-term decrease in stock price. However, the significant year-over-year sales growth may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100