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Two high-flying restaurant stocks set to beat on earnings results. These are: TXRH, WING.
Texas Roadhouse (TXRH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Food is a way for us to connect– from the first date to celebrating our lives' most important moments, a sit-down meal always carries significance. While food prices have risen across the board– with increases being even more painful for those who frequently eat out, consumer spending in this sector hasn't seen much of a hit.
Texas Roadhouse (TXRH) possesses solid growth attributes, which could help it handily outperform the market.
Texas Roadhouse (TXRH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Texas Roadhouse has already seen over 50% stock price appreciation in the past twelve months and has an estimated fair value between $123.71 and $168.51. The company has outperformed other fast casual restaurant chains in terms of stock appreciation and revenue growth over the last decade. Texas Roadhouse has shown high returns on invested capital and equity and should be considered for a long-term investment.
LOUISVILLE, Ky., July 03, 2024 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (NasdaqGS: TXRH) announced today that it will release second quarter 2024 financial results on Thursday, July 25, 2024 after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from the investor relations portion of the Company's website at www.texasroadhouse.com.
Texas Roadhouse (TXRH) possesses solid growth attributes, which could help it handily outperform the market.
Texas Roadhouse (TXRH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Big tech captures the spotlight as artificial intelligence (AI) initiatives have helped several tech giants reach trillion-dollar valuations. The three most valuable publicly traded corporations are all investing heavily in AI, and they aren't secrets at this point.