Green Mountain Coffee Roasters Earnings: Shares Get Roasted
Revenue increased 41.54% from $946.74 million in the previous quarter. Net income increased 17.1% from $91.89 million in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.67 to a profit $0.73. For the current year, the average estimate has moved up from a profit of $2.51 to a profit of $2.71 over the last ninety days.
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(Company fundamentals provided by Xignite Financials.)