Green Mountain Coffee Roasters Earnings Hindsight: Up 30.7% in Last 11 Days (GMCR)

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Dec 08, 2012 (Earnings Lookback via COMTEX) -- 11 days ago, on November 27th, 2012, Green Mountain Coffee Roasters (NASDAQ:GMCR) reported its earnings. Analysts, on average, expected earnings of $0.48 per share on sales of $904.7 million. Green Mountain Coffee Roasters actually reported earnings of $0.59 per share on sales of $946.7 million, beating EPS estimates by $0.11 and beating revenue estimates by $42.1 million. Shares of Green Mountain Coffee Roasters have climbed from $28.95 to $37.85, representing a gain of 30.7% since the company reported earnings 11 days ago.

In the past 52 weeks, Green Mountain Coffee Roasters share prices have been bracketed by a low of $17.11 and a high of $115.98 and closed Thursday at $37.85, 121% above that low price. The 200-day and 50-day moving averages have moved 1.35% lower and 1.53% higher over the past week, respectively.

Potential upside of 17.7% exists for Green Mountain Coffee Roasters, based on a current level of $37.85 and analysts' average consensus price target of $44.55. The stock should discover initial support at its 200-day moving average (MA) of $31.83 and subsequent support at its 50-day MA of $25.58.

Green Mountain Coffee Roasters, Inc. roasts Arabica coffees and offers various coffee selections. The Company's products include single-origin, estate, certified organic, Fair Trade, signature blends, and flavored coffees sold under the Green Mountain Coffee Roasters brand. Green Mountain serves offices, supermarkets, and convenience stores, and operates a direct mail business.

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