20.11.2013 22:20:05
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Green Mountain Coffee Roasters Q4 Profit Up - Quick Facts
(RTTNews) - Green Mountain Coffee Roasters, Inc. (GMCR) Wednesday reported fourth-quarter profit of $127.0 million or $0.83 per share, up from $91.9 million or $0.58 per share in the same period last year.
Adjusted earnings for the quarter was $136.0 million or $0.89 per share. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.75 per share for the quarter. Analysts' estimates typically exclude special items.
Sales increased 11 percent to $1.05 billion from $946.7 million last year. Analysts expected revenues of $964.56 million.
Looking ahead to the first quarter, the company has forecast adjusted earnings in the range of $0.85 to $0.90 per share. Analysts currently expect first-quarter earnings of $0.96 per share.
For the fiscal year 2014, adjusted earnings are currently projected in a range of $3.75 to $3.85 per share. Analysts currently expect full-year 2014 earnings of $3.25 per share.
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