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Earnings Preview: California Pizza Kitchen's Quarterly Resul

Financial News Network
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February 27, 2011 AT 9:41 PM
Analysts, on average, expect California Pizza Kitchen (NASDAQ:CPKI) to report earnings of $0.10 per share on sales of $157.8 million on February 10, 2011. For the full year, analysts expect the company to post EPS of $0.59.In the year-ago period, the company reported earnings of $0.17 per share on sales of $167.8 million. In the previous quarter, the company reported earnings of $0.23 per share, toppingconsensus estimates of $0.19.A 23.1% potential upside exists for California Pizza Kitchen, based on a current level of $16.41 and analysts' average consensus price target of $20.20. The stock should run into initial resistance at its 50-day moving average (MA) of $16.97 and subsequent resistance at its 200-day MA of $17.11.