BOSTON (Thomson Financial) - Benihana Inc. Friday reported fiscal
third-quarter net income of $3.2 million, or 19 cents a share, compared to net
income of $3.3 million, or 19 cents a share, in the same quarter a year earlier.
The mean estimate of analysts polled by Thomson Financial was for earnings
of 19 cents a share.
Revenue for the 12-week period ended Jan. 6 rose 12% to $69.8 million from
$62.2 million in the fiscal third quarter of 2007. Wall Street's consensus was
for revenue of $69.2 million.
The Miami-based restaurant operator forecast fiscal 2008 total restaurant
sales of $293 million to $294 million and full-year capital expenditures of
about $60 million.
Analysts surveyed by Thomson Financial, on average, estimate fiscal 2008
earnings of 80 cents a share on revenue of $302.2 million.
Benihana shares closed Thursday at $10.96.
Greg Saulnier
gs/pc
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