Texas Roadhouse: Q4 Earnings Snapshot
LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Texas Roadhouse Inc. (TXRH) on Thursday reported fourth-quarter profit of $115.8 million.
On a per-share basis, the Louisville, Kentucky-based company said it had profit of $1.73.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.
The restaurant chain posted revenue of $1.44 billion in the period, which also topped Street forecasts. Ten analysts surveyed by Zacks expected $1.42 billion.
For the year, the company reported profit of $433.6 million, or $6.47 per share. Revenue was reported as $5.37 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TXRH at https://www.zacks.com/ap/TXRH