Keurig Green Mountain Q4 Earnings, Sales Top Street Estimates
Keurig Green Mountain posted a fourth quarter profit of $0.90 a share on revenue of $1.2 billion. Wall Street analysts predicted earnings of $0.77 on sales of $1.16 billion.
Keurig Green Mountain posted a fourth quarter profit of $0.90 a share on revenue of $1.2 billion. Wall Street analysts were looking for earnings of $0.77 on sales of $1.16 billion. Last year, the coffee-seller known for its famous pods earned $0.89 per share on $1.05 billion in sales. As for details, revenue grew 14% for the quarter and 8% for the full year. GAAP operating margins expanded 220 basis points in the quarter and 250 basis points for the full year. The company’s board of directors also authorized a 15% dividend increase. TheStreet's Gregg Greenberg has details from New York.
