Recap: Texas Roadhouse Q2 Earnings

Shares of Texas Roadhouse TXRH moved higher by 2.02% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 176.19% over the past year to ($0.48), which beat the estimate of ($0.63).

Revenue of $476,425,000 declined by 30.94% from the same period last year, which beat the estimate of $474,610,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Aug 03, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.texasroadhouse.com%2Fhome%2Fdefault.aspx&eventid=2402417&sessionid=1&key=2B1ED6146DD89A50F519053D19D18755&regTag=&sourcepage=register

Technicals

Company's 52-week high was at $72.49

52-week low: $25.15

Price action over last quarter: Up 33.99%

Company Description

Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company has over 500 restaurants in over 45 states and a few foreign countries. Revenue from external customers is derived principally from food and beverage sales.