Texas Roadhouse Beats Up on Analysts Yet Again

Just the facts, Fool.

Seth Jayson
Seth Jayson
Feb 19, 2013 at 12:00AM
Other

Texas Roadhouse (Nasdaq: TXRH) reported earnings on Feb. 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 25 (Q4), Texas Roadhouse met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. GAAP earnings per share grew.

Margins grew across the board.

Revenue details
Texas Roadhouse booked revenue of $309.5 million. The 18 analysts polled by S&P Capital IQ expected to see revenue of $309.2 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $276.6 million.

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

EPS details
EPS came in at $0.19. The 17 earnings estimates compiled by S&P Capital IQ anticipated $0.18 per share. GAAP EPS of $0.19 for Q4 were 12% higher than the prior-year quarter's $0.17 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 37.4%, 380 basis points better than the prior-year quarter. Operating margin was 7.6%, 60 basis points better than the prior-year quarter. Net margin was 4.5%, 10 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $359.0 million. On the bottom line, the average EPS estimate is $0.34.

Next year's average estimate for revenue is $1.42 billion. The average EPS estimate is $1.12.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 291 members out of 329 rating the stock outperform, and 38 members rating it underperform. Among 93 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give Texas Roadhouse a green thumbs-up, and 10 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 $19.87.

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