Texas Roadhouse, Inc. Announces First Quarter 2020 Results and Provides Business Update in Response to COVID-19

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Wedbush Reiterates Outperform Rating on Texas Roadhouse (TXRH) Following 1Q

May 5, 2020 7:17 AM EDT

Wedbush analyst Nick Setyan reiterated an Outperform rating and $73.00 price target on Texas Roadhouse (NASDAQ: TXRH) following the company's 1Q. EPS of $0.23 was below $0.41 consensus. Labor expense was the primary driver of the EPS miss. April SSS growth was -46.7% (vs. -46.8% cons.... More

Texas Roadhouse (TXRH) Misses Q1 EPS by 37c

May 4, 2020 4:05 PM EDT

Texas Roadhouse (NASDAQ: TXRH) reported Q1 EPS of $0.23, $0.37 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $652.5 million versus the consensus estimate of $709.31 million.

2020 Outlook

As previously announced, due to the current unprecedented global market and economic conditions,... More