Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR) will unveil its latest earnings on Wednesday, July 27, 2011. Green Mountain Coffee Roasters, Inc. operates in the specialty coffee industry in the United States and internationally. It sells approximately 200 whole bean and ground coffee selections, cocoa, teas, and coffees. See This Top Coffee Company’s Facts You Must Know>>
Green Mountain Coffee Roasters, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 36 cents per share, a rise of 89.5% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 31 cents. For the year, analysts are projecting profit of $1.47 per share, a rise of more than twofold from last year.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 10 cents, reporting net income of 48 cents per share against a mean estimate of profit of 38 cents per share.
Wall St. Revenue Expectations: On average, analysts predict $608.4 million in revenue this quarter, a rise of 95.3% from the year ago quarter. Analysts are forecasting total revenue of $2.53 billion for the year, a rise of 86% from last year’s revenue of $1.36 billion.
Analyst Ratings: Analysts are bullish on this stock with eight analysts rating it as a buy, one rating it as a sell and two rating it as a hold.
The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 73.6%, with the biggest boost coming in the most recent quarter when revenue rose 99.3% from the year earlier quarter.
The company has now been profitable for the last eight quarters, and for the last four, profit has risen year over year by an average of 44.7%. The quarter with the biggest boost was the most recent quarter, which saw a more than twofold surge.
Competitors to Watch: Farmer Brothers Co. (NASDAQ:FARM), Peet’s Coffee & Tea, Inc. (NASDAQ:PEET), Coffee Holding Co., Inc. (NASDAQ:JVA), Starbucks Corporation (NASDAQ:SBUX), The J.M. Smucker Company (NYSE:SJM), Sara Lee Corp. (NYSE:SLE) and Kraft Foods Inc. (NYSE:KFT).
Stock Price Performance: During April 26, 2011 to July 21, 2011, the stock price had risen $27.52 (42%) from $65.52 to $93.04. The stock price saw one of its best stretches over the last year between October 11, 2010 and October 20, 2010 when shares rose for eight-straight days, rising 16.5% (+$4.44) over that span. It saw one of its worst periods between May 26, 2011 and June 8, 2011 when shares fell for nine-straight days, falling 8.5% (-$7.02) over that span. Shares are up $60.18 (+183.1%) year to date.
(Source: Xignite Financials)