Texas Roadhouse (TXRH) Q3 Earnings and Revenues High Estimates

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Texas Roadhouse (TXRH) Q3 Earnings and Revenues High Estimates

Texas Roadhouse (TXRH) got here out with quarterly earnings of $0.52 per share, beating the Zacks C


Texas Roadhouse (TXRH) got here out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.40 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of 13.04%. 1 / 4 in the past, it was anticipated that this restaurant chain would put up earnings of $0.62 per share when it truly produced earnings of $0.63, delivering a shock of 1.61%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 3 times.

Texas Roadhouse, which belongs to the Zacks Retail – Eating places trade, posted revenues of $650.49 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 0.29%. This compares to year-ago revenues of $594.60 million. The corporate has topped consensus income estimates 3 times over the past 4 quarters.

The sustainability of the inventory’s rapid worth motion based mostly on the…



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