Texas Roadhouse (NASDAQ:TXRH – Get Free Report) issued its earnings results on Thursday. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.07), Briefing.com reports. Texas Roadhouse had a return on equity of 30.94% and a net margin of 7.47%. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the business posted $0.95 earnings per share. The company’s quarterly revenue was up 13.5% on a year-over-year basis.
Texas Roadhouse Price Performance
NASDAQ TXRH opened at $187.38 on Friday. Texas Roadhouse has a fifty-two week low of $93.79 and a fifty-two week high of $189.97. The stock’s 50-day moving average is $172.41 and its two-hundred day moving average is $168.32. The firm has a market cap of $12.49 billion, a P/E ratio of 34.01, a price-to-earnings-growth ratio of 1.61 and a beta of 0.99.
Texas Roadhouse Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Wednesday, September 4th were given a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Wednesday, September 4th. Texas Roadhouse’s payout ratio is 44.28%.
Wall Street Analyst Weigh In
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About Texas Roadhouse
Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.
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