NEW YORK (TheStreet) -- Shares of Keurig Green Mountain (GMCR) fell 5.61% to $145.31 in morning trading Thursday after the specialty coffee maker announced its Chief Financial Officer and Treasurer, Frances Rathke, would depart the company in 2015 after 11 years of service to the company.
The decline occurred despite the company's fourth-quarter earnings that beat analysts' expectations. Keurig Green Mountain reported adjusted earnings of 90 cents a share, up slightly from 89 cents in the same period one year ago. Revenue totaled $1.2 billion, up from $1.05 billion year-over-year.
Analysts polled by Thomson Reuters had expected earnings of 77 cents a share on revenue of $1.16 billion.
For the full year, EPS rose to $3.93 from $3.39, and revenue climbed to $4.7 billion from $4.36 billion.
Separately, 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 several positive factors, 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, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value."
- You can view the full analysis from the report here: GMCR Ratings Report