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Stock Market & Financial Investment News

News Breaks
February 4, 2014
12:34 EDTGMCREarnings Preview: Green Mountain shares up ahead of Q1 report
Green Mountain Coffee Roasters (GMCR) is scheduled to report first quarter results after the market close on Wednesday, February 5, with a conference call scheduled for 5:00 pm ET. Green Mountain is engaged in the specialty coffee and coffee maker businesses and owns the "Keurig" brand of single-serve coffee makers and products. EXPECTATIONS: Analysts are looking for earnings per share of 90c on revenue of $1.4B, according to First Call. The consensus range for EPS is 87c-98c on revenue of $1.36B-$1.49B. LAST QUARTER: Green Mountain reported fourth quarter adjusted EPS of 89c against estimates for 75c, on revenue of $1.05B against estimates for $964.56M. The company forecast Q1 adjusted EPS of 85c-90c and net sales growth of low-to-mid single digits year-over-year. At that time Green Mountain also forecast its fiscal year 2014 EPS view $3.75-$3.85 against estimates at that time of $3.78, and guided to FY14 net sales growth in the high single digits over fiscal year 2013. The company also guided for stronger revenue growth in the second half of the year. Green Mountain authorized an additional $1B share repurchase plan and said "Over the long term, the company continues to expect double digit annual revenue growth and annual earnings growth in the mid-teens as we launch a new Keurig hot single-serve system and other anticipated disruptive product innovations." NEWS: During the quarter, T. Rowe Price reported a 4.1% passive stake in the company and the Sacramento Bee cited a Sacramento attorney that said Rogers Family Coffee "makes the more persuasive case" in that company's efforts to sell cartridges that fit in Green Mountain's Keurig roasting system, which Green Mountain argued infringes K-Cup patents. STREET RESEARCH: Longbow recently said that sales of Green Mountain's Keurig brewer rose year-over-year over the last several weeks at Wal-Mart (WMT), Target (TGT) and Bed, Bath & Beyond (BBBY), despite difficult comparisons. The firm also noted that demand for K-Cup coffee pods was up by double digit percentage levels at almost all the retailers it surveyed. Stifel said that retailer acceptance of Green Mountain's new Keurig 2.0 machines has so far been "muted," partly due to the large number of Keurig 1.0 machines they have, and the long period necessary to convert to Keurig 2.0. PRICE ACTION: Over the last three months, Green Mountain shares are up over 23%. Year-to-date, shares are up over 5.5%. Ahead of tomorrow's earnings, shares are up over 2%.
News For GMCR From The Last 14 Days
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August 27, 2014
16:05 EDTGMCRKeurig Green Mountain expands board, appoints Josť Octavio Reyes Lagunes
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August 26, 2014
07:00 EDTGMCRKeurig Kraft deal to provide market share boost, says William Blair
William Blair believes that Keurig Green Mountain's (GMCR) licensing deal with Kraft (KRFT) is an important step in Keurig's efforts to recapture unlicensed share. Following Keurig's decision to raise its portion pack prices by 9%, the firm thinks that the conversion of formerly unlicensed players likely enhances the ability of Keurig to implement price increases. William Blair keeps an Outperform rating on the stock.
August 25, 2014
07:06 EDTGMCRKeurig Green Mountain reports release of Keurig 2.0 hot beverage brewing system
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06:05 EDTGMCRStocks with implied volatility movement; GMCR TLM
Stocks with implied volatility movement; Keurig Green Mountain (GMCR) 34, Talisman Energy (TLM) 47 according to iVolatility.
August 22, 2014
16:20 EDTGMCROn The Fly: Closing Wrap
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12:57 EDTGMCRKeurig Green Mountain surges after inking deal with Kraft
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12:20 EDTGMCROn The Fly: Midday Wrap
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10:43 EDTGMCRKeurig Green Mountain volatility low, shares up on Kraft licensing agreement
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09:01 EDTGMCRKeurig Green Mountain, Kraft Foods announce licensing agreement
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August 19, 2014
09:01 EDTGMCRKeurig Green Mountain estimates raised at SunTrust
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