Green Mountain Coffee Earnings Expected to Increase

Despite an expired patent on their k-cups (and a slew of new competitors), Green Mountain’s earnings are expected to be up this year. With 3rd quarter revenue estimated at $0.77/share, earnings are up from $0.52/share last year. Total revenue for the year is marked at $4.35 Billion, with $981.9 Million coming from this quarter.

While growth has been strong over the past 2 years, many were expecting a decline. Analysts are seeing the company as a buy however, when comparing it with their competitors and their earnings. Their new lines with renewed patents could play an integral role in maintaining the profitability of the company.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: