Analysts foresee shift as restaurants ready 1Q earnings

NEW YORK First-quarter earnings season could bring a reversal of fortunes for restaurant stocks, as casual-dining companies have gained momentum recently and quick-service chains have stumbled.

With more than 14 restaurant companies set to report earnings for the March-ended quarter over the next two weeks, analysts and observers have noted that cost cutting and slowed development plans have helped casual-dining companies post better-than-expected preliminary

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