After the bell, shares had popped 6.8% to $98.50.
Over the three months to March, the specialty coffee company earned $1.08 a share, 14 cents higher than analysts surveyed by Thomson Reuters expected. Revenue of $1.1 billion was up 10% year over year and beat estimates of $1.04 billion.
TheStreet Ratings team rates KEURIG GREEN MOUNTAIN INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate KEURIG GREEN MOUNTAIN INC (GMCR) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow."
- You can view the full analysis from the report here: GMCR Ratings Report