20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Texas Roadhouse (NASDAQ: TXRH) will be releasing its next round of earnings this Monday, August 03. For all of the relevant information, here is your guide for Monday's Q2 earnings announcement.
Earnings and Revenue
Texas Roadhouse EPS is expected to be around $-0.63, according to sell-side analysts. Sales will likely be near $474.61 million. In the same quarter last year, Texas Roadhouse reported earnings per share of $0.630 on sales of $689.83 million. The analyst consensus estimate would represent a 200.0% decline in the company's EPS figure. Revenue would have fallen 33.7% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.60 | 0.52 | 0.46 | 0.63 |
| EPS Actual | 0.24 | 0.61 | 0.52 | 0.63 |
| Revenue Estimate | 715.85 M | 713.80 M | 649.47 M | 687.99 M |
| Revenue Actual | 652.52 M | 725.24 M | 650.49 M | 689.83 M |
Stock Performance
Over the last 52-week period, shares are up 1.21%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Don't be surprised to see the stock move on comments made during its conference call. Texas Roadhouse is scheduled to hold the call at 17:00:00 ET and can be accessed here: 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®Tag=&sourcepage=register
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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