Green Mountain Coffee Roasters Near Key Resistance Level Ahead Of Q1 2013 Earnings

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By Todd M.

Summary

Green Mountain Coffee Roasters (NASDAQ:GMCR) is set to report 1Q2013 earnings on Wednesday, February 6 at 4:00 pm EST, followed by a conference call at 5:00 pm EST. Green Mountain is Vermont-based, leading provider of single-serve coffeemakers and K-cups.

Outliers & Strategy

  • Non-GAAP Earnings Per Share: Green Mountain reports Non-GAAP Earnings Per Share, which is the value that will compare to estimates. The Street consensus is $0.65, with a range of $0.62 - $0.71. (Source: Yahoo! Finance) In the last earnings release, the company issued guidance for 1Q2013 Non-GAAP EPS of $0.62 - $0.67 and FY2013 Non-GAAP EPS of $2.64 - $2.74.
  • Revenues: Wall Street consensus sees revenues growth of 15.00%, or $1.33bln, with a range of $1.13bln - $1.37bln.
  • Adjusted Earnings Per Share (EPS) Guidance: 1Q2013: Analysts see the company issuing next quarter guidance of $0.73, with a range of $0.66 - $0.77. FY2013: For fiscal year 2013, analysts are expecting EPS guidance of $2.71, with a range of $2.65 - $2.80.
  • Sympathy Plays:
  • Dunkin Brands Group (DNKN) - Reported EPS of $0.34 vs. $0.33 expected and revenues of $162 mln vs. $170 mln expected. Dunkin Brands shares closed marginally higher in the following session, up 0.22%.
  • Starbucks (SBUX) - Reported EPS and revenues in line with consensus estimates. Starbucks shares closed the following session $2.24, or 4.10% higher.

Recent News

  • 01/30: Roth Capital Partner's analyst Anton Brenner upgraded GMCR, according to a post on Yahoo! Finance, citing stronger than expected resilience in the single-serve market. Brenner believes that Green Mountain will maintain a dominant market share.
  • 01/25: A major threat to the Keurig, Starbucks Verismo machine, has apparently had soft sales thus far, according to a post on Reuters. Starbucks sold 150,000 units since its debut, a mere fraction of Keurig's 2.15 mln average

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