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P.F. Chang's China Bistro, Inc. Message Board

  • kghall2007 kghall2007 Oct 3, 2007 6:10 PM Flag

    Q3 Revenue / Earnings Projection

    Q3/2007 Revenue up almost $40 million over Q3/2006. PFCB today reported consolidated revenues of $270.8 million for the third quarter ended September 30, 2007, compared to $231.0 million for the third quarter of 2006. The news is tempered in that the company anticipates reporting third quarter diluted earnings per share between $0.05 and $0.07 below its previously released forecast of $0.25. Some one-time unanticipated costs hit Q3. OK, EPS of $0.18 - $0.20 for the Q is still decent. With a closing stock price today of 29.41 and a Conference Call scheduled for Oct 24th, I see some good upside potential and will stay long in PFCB.

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