Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Smiling Bob who wrote (12756)	1/9/2008 4:37:16 PM
From: Smiling Bob	Read Replies (1) of 19256

DJ Morton's Restaurant Grp Cuts 4Q EPS Guidance To 36c-39c DOW JONES NEWSWIRES Morton's Restaurant Group Inc. (MRT) expects to report fourth-quarter per-share net income of 36 cents to 39 cents, below its previous forecast of 46 cents to 48 cents a share. Morton's said it now expects revenue of $100.4 million, down from the previous forecast of $101 million to $104 million. On average, analysts polled by Thomson Financial expect earnings of 46 cents per share and revenue of $101 million. The Chicago-based company expects a 0.7% drop in comparable restaurant revenue, compared with earlier guidance of a 2% to 3% increase. Morton's Bertolini's restaurants are facing a 10% decline in comparable-restaurant revenue. Morton's cited weak guest traffic, a result of the U.S.'s "uncertain macroeconomic environment." Full-year figures were also affected by delayed restaurant openings. -Melissa Korn; 201-938-5400; AskNewswires@dowjones.com (END) Dow Jones Newswires January 09, 2008 16:35 ET (21:35 GMT) Copyright (c) 2008 Dow Jones & Company, Inc.- - 04 35 PM EST 01-09-08 Brought to you by Scottrader, a product of Scottrade Inc

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