Landry's Restaurant (LNY) Tops Q4 View By 19c; Outlook Uncertain
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Landry's Restaurant (NYSE: LNY) reports Q4 EPS of $0.30, 19 cents better than the analyst estimate of $0.11. Revenues for the quarter were $253.7 million, versus the consensus of $265.60 million.
Due to a number of factors affecting consumers, including rising unemployment, home foreclosures, a slowdown in global economies, contracting credit markets, and reduced consumer spending, the near term outlook for the restaurant, hospitality, entertainment and gaming industries is uncertain.
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