California Pizza Kitchen Inc. reported third quarter net income of $6.7 million (34 cents per share) a 22-percent increase from $5.5 million (28 cents) for the same period a year earlier –beating analysts’ estimates by a penny.

Sales for the Los Angeles-based casual-dinning chain rose 14 percent to $143 million, mainly due to strong same-store sales growth of 5.6 percent for the quarter.

However, the company lowered its fourth-quarter earnings guidance to between 13 cents and 15 cents, from 25 cents and 27 cents, due to a 6-cent charge for delays in new restaurant opening dates, and a 3-cent charge from concluding negotiations to secure early lease termination and close its last money-losing restaurants, the company said in its filing.

Shares in California Pizza Kitchen closed down 95 cents to $31.58 in trading Thursday and dropped another $1.27 to $30.31 early Friday.