Texas Roadhouse Set to Announce Q4 Earnings on February 18
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11 hours ago
0mins
Should l Buy TXRH?
Source: seekingalpha
- Earnings Announcement Date: Texas Roadhouse (TXRH) is set to release its Q4 2023 earnings report on February 18 after market close, with consensus EPS estimated at $1.50 and revenue projected at $1.5 billion, reflecting a 4.9% year-over-year growth, which will provide crucial insights into the company's financial health.
- Performance Expectation Analysis: Over the past year, TXRH has beaten EPS and revenue estimates 50% of the time, indicating a degree of stability for the company amidst challenges in the restaurant industry, which could influence investor sentiment positively.
- Estimate Revision Dynamics: In the last three months, TXRH's EPS estimates have seen four upward revisions and thirteen downward revisions, while revenue estimates have experienced three upward and ten downward revisions, suggesting a divergence in analyst outlooks that may affect investor confidence.
- Beef Price Impact: U.S. beef prices are forecasted to remain elevated, although analysts predict that Texas Roadhouse may see relief from beef inflation by 2026, which could significantly impact the company's cost structure and profit margins moving forward.
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Analyst Views on TXRH
Wall Street analysts forecast TXRH stock price to rise
17 Analyst Rating
7 Buy
10 Hold
0 Sell
Moderate Buy
Current: 186.900
Low
155.00
Averages
190.04
High
228.00
Current: 186.900
Low
155.00
Averages
190.04
High
228.00
About TXRH
Texas Roadhouse, Inc. is a restaurant company operating predominantly in the casual dining segment. The Company maintains three restaurant concepts operating as Texas Roadhouse, Bubba’s 33, and Jaggers. Texas Roadhouse is a full-service, casual dining restaurant concept offering an assortment of specially seasoned and aged steaks hand-cut daily on the premises and cooked to order over open grills. Bubba’s 33 is a full-service, casual dining restaurant concept featuring scratch-made food for all with a little rock 'n' roll, ice-cold beer, and signature cocktails. Its menu features burgers, pizza, wings, sandwiches and others. Its Jaggers is a fast-casual restaurant concept offering burgers, hand-breaded chicken sandwiches and chicken tenders, made-to-order fresh salads, and hand-spun milkshakes. Jaggers offer drive-thru, carry-out, and dine-in service options. It operates approximately 780 restaurants system-wide in 49 states, one United States territory, and 10 foreign countries.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Announcement Date: Texas Roadhouse (TXRH) is set to release its Q4 2023 earnings report on February 18 after market close, with consensus EPS estimated at $1.50 and revenue projected at $1.5 billion, reflecting a 4.9% year-over-year growth, which will provide crucial insights into the company's financial health.
- Performance Expectation Analysis: Over the past year, TXRH has beaten EPS and revenue estimates 50% of the time, indicating a degree of stability for the company amidst challenges in the restaurant industry, which could influence investor sentiment positively.
- Estimate Revision Dynamics: In the last three months, TXRH's EPS estimates have seen four upward revisions and thirteen downward revisions, while revenue estimates have experienced three upward and ten downward revisions, suggesting a divergence in analyst outlooks that may affect investor confidence.
- Beef Price Impact: U.S. beef prices are forecasted to remain elevated, although analysts predict that Texas Roadhouse may see relief from beef inflation by 2026, which could significantly impact the company's cost structure and profit margins moving forward.
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