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Friday January 11, 12:34 PM
P.F. Chang's increases 4Q adjusted earnings guidance

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BOSTON (Thomson Financial) - P.F. Chang's China Bistro Inc. Friday said it has boosted its fourth-quarter adjusted earnings guidance to 31 cents to 34 cents a share from its previous guidance of 23 cents a share.

The mean estimate
of analysts polled by Thomson Financial is for earnings of 23 cents a share.

As previously announced, the company exceeded its fourth-quarter revenue forecast by about $7 million, with the majority of the increase resulting from better-than-anticipated December activity.

Shares of the Scottsdale, Ariz.-based operator of restaurants closed Thursday at $21.81.

Casey Logan

cl/pc

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