Texas Roadhouse (NASDAQ:TXRH) Third Quarter 2022 Results
Key Financial Results
- Revenue: US$993.3m (up 14% from 3Q 2021).
- Net revenue: US$62.3m (up 19% from 3Q 2021).
- Profit margin: 6.3% (up from 6.1% in 3Q 2021).
- The enhance in margin was pushed by increased income.
- EPS: US$0.93 (up from US$0.75 in 3Q 2021).
All figures proven within the chart above are for the trailing 12 month (TTM) interval
Texas Roadhouse Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) additionally surpassed analyst estimates by 3.3%.
Looking forward, income is forecast to develop 7.8% p.a. on common through the subsequent 3 years, in comparison with a 13% development forecast for the Hospitality business within the US.
Performance of the American Hospitality industry.
The firm’s shares are up 3.4% from every week in the past.
Risk Analysis
Before we wrap up, we have found 2 warning signs for Texas Roadhouse that try to be conscious of.
Valuation is complicated, however we’re serving to make it easy.
Find out whether or not Texas Roadhouse is probably over or undervalued by trying out our complete evaluation, which incorporates truthful worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.
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This article by Simply Wall St is basic in nature. We present commentary primarily based on historic information and analyst forecasts solely utilizing an unbiased methodology and our articles should not meant to be monetary recommendation. It doesn’t represent a suggestion to purchase or promote any inventory, and doesn’t take account of your goals, or your monetary state of affairs. We intention to deliver you long-term centered evaluation pushed by elementary information. Note that our evaluation could not issue within the newest price-sensitive firm bulletins or qualitative materials. Simply Wall St has no place in any shares talked about.
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