Texas Roadhouse (Nasdaq: TXRH ) is expected to report Q2 earnings on July 29. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Texas Roadhouse's revenues will grow 10.7% and EPS will increase 3.6%.
The average estimate for revenue is $354.6 million. On the bottom line, the average EPS estimate is $0.29.
Revenue details
Last quarter, Texas Roadhouse reported revenue of $359.7 million. GAAP reported sales were 11% higher than the prior-year quarter's $324.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.37. GAAP EPS of $0.37 for Q1 were 37% higher than the prior-year quarter's $0.27 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 34.2%, 30 basis points worse than the prior-year quarter. Operating margin was 10.6%, much about the same as the prior-year quarter. Net margin was 7.3%, 150 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $1.42 billion. The average EPS estimate is $1.17.
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Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 292 members out of 332 rating the stock outperform, and 40 members rating it underperform. Among 103 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 93 give Texas Roadhouse a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Texas Roadhouse is hold, with an average price target of $19.89.
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