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

Print Share

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.


Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit today.

Copyright, Comtex News Network, Inc. 2012

Free Stock Analysis From Zacks

Includes Zacks Long-Term Recommendation and Target Price

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.