Texas Roadhouse (Nasdaq: TXRH) reported earnings on Feb. 21. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 27 (Q4), Texas Roadhouse beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased, and GAAP earnings per share expanded significantly.

Gross margins improved, operating margins dropped, and net margins increased.

Revenue details
Texas Roadhouse logged revenue of $276.6 million. The 17 analysts polled by S&P Capital IQ predicted sales of $271.7 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $244.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.19. The 13 earnings estimates compiled by S&P Capital IQ averaged $0.17 per share on the same basis. GAAP EPS of $0.17 for Q4 were 21% higher than the prior-year quarter's $0.14 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 37%, 600 basis points better than the prior-year quarter. Operating margin was 7%, 10 basis points worse than the prior-year quarter. Net margin was 4.4%, 30 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $318.6 million. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $1.25 billion. The average EPS estimate is $0.91.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 280 members rating the stock outperform and 43 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Texas Roadhouse a green thumbs-up, and 14 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 $16.33.

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