Texas Roadhouse (Nasdaq: TXRH) reported earnings on April 30. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 27 (Q1), Texas Roadhouse met expectations on revenues and beat expectations on earnings per share.

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

Gross margins increased, operating margins shrank, net margins dropped.

Revenue details
 Texas Roadhouse logged revenue of $324.9 million. The 14 analysts polled by S&P Capital IQ foresaw revenue of $324.1 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $283.8 million.

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

EPS details
 EPS came in at $0.31. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.29 per share. GAAP EPS of $0.27 were the same as the prior-year quarter.

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 35.6%, 70 basis points better than the prior-year quarter. Operating margin was 9.1%, 160 basis points worse than the prior-year quarter. Net margin was 5.8%, 120 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $318.9 million. On the bottom line, the average EPS estimate is $0.23.

Next year's average estimate for revenue is $1.26 billion. The average EPS estimate is $0.94.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 287 members out of 328 rating the stock outperform, and 41 members rating it underperform. Among 102 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 88 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 $18.17.

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