S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Companies and Brands

Keurig Green Mountain Redemption on Earnings and Smucker Pact

Photo of Jon C. Ogg
By Jon C. Ogg Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Keurig logo
couresty of Keurig Green Mountain
Keurig Green Mountain, Inc. (NASDAQ: GMCR) is out with its second quarter earnings report, and the company earned $260 million. This comes to $1.03 per share, but the adjusted earnings per share used by analysts is actually $1.08. Revenue was up by 10% to $1.10 billion. Thomson Reuters had estimates of $0.94 per share and $1.05 billion.

Guidance on earnings was put at $0.83 to $0.88 per share for the coming quarter, and $3.63 to $3.73 per share for the year. Thomson Reuters has estimates of $0.88 per share for the quarter $3.72 per share for the year. Revenue growth was put in the high single digits.

Perhaps the larger news rather than just one quarter is an expanded partnership agreement with J.M. Smucker in a multi-year deal.

The coffee player spent $700 million buying back its own shares, but it has approval to buy back up to $1 billion over the next two years.

Keurig Green Mountain share closed down 3.25 at $92.21 on Wednesday, but the stock was up by over 6% at $98.00 in the after-hours trading session. Its market cap was $13.7 billion today before the adjusted bounce, and its 52-week trading range is $56.87 to $124.42.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Continue Reading

Paul Ausick |

Green Mountain Coffee Earnings Start Stock Price Swinging

courtesy Green Mountain Coffee Roasters Inc.Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) reported fourth fiscal quarter and full-year 2013 earnings…
Chris Lange |

Why Keurig Green Mountain Earnings Are Not Enough

Keurig Green Mountain reported disappointing fiscal first-quarter results Wednesday after the markets closed
Jon C. Ogg |

Green Mountain Coffee Faces Firing Squad on Not-Bad Guidance

ThinkstockGreen Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is showing good results on the surface for its first fiscal quarter of…
Jon C. Ogg |

Top Wednesday After-Hours Stocks on the Move

Thinkstock24/7 Wall St. has tracked several key stocks on the move in Wednesday’s after-hours trading session. There will have been…
Paul Ausick |

Green Mountain Coffee Strikes Huge Deal With Coca-Cola, Posts Earnings Beat

courtesy Green Mountain Coffee Roasters Inc.Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) reported first-quarter fiscal 2014 earnings after markets closed Wednesday.…
Chris Lange |

What to Expect From Keurig Earnings

Wednesday after the markets close, Keurig Green Mountain is set to report its fiscal first-quarter financial results.
Paul Ausick |

What Lowered Guidance and Poor Sales Add Up to for Keurig

Keurig Green Mountain reported disappointing second-quarter fiscal 2015 results after markets closed Wednesday.
Douglas A. McIntyre |

Green Mountain Earnings Battle Value & Performance (GMCR)

Green Mountain Coffee Roasters, Inc., (NASDAQ: GMCR) has been a stock that nearly defied logic in its meteoric rise.  It…
What to Expect From Keurig Earnings
Chris Lange |

What to Expect From Keurig Earnings

Keurig Green Mountain is scheduled to report its fiscal fourth-quarter financial results after the markets close on Wednesday.

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618