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FEB 06, 2013 - Business Insider

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Green Mountain Beats Earnings Estimates, Stock Tanks On Weak Sales Guidance (GMCR)

UPDATE: Green Mountain's earnings release is out. Click here to refresh for LIVE updates > The company reported earnings of $0.76 per share versus estimates of $0.65. Sales came right in line with analysts' estimates and company guidance of $1.33 billion. The company sees sales growth of 14 to 18 percent year-over-year in the coming quarter. It offered guidance of $1.03 billion in sales, below analysts' estimates of $1.06 billion. EPS is expected to come in a range of $0.70-0.75 next quarter, says Green Mountain. Analysts were expecting $0.72 EPS. Right now, the stock is trading down ... Read More

Tags: Green Mountain Beats Earnings Estimates, Stock Tanks On Weak Sales Guidance (GMCR),  Starbucks Latest News