![Green Mountain Coffee Surges 25% on Better Than Expected Results Green Mountain Coffee Surges 25% on Better Than Expected Results](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
Green Mountain Coffee just reported earnings which beat expectations. The street expected EPS of $0.48 versus reported earnings per share of $0.64. Net sales rose to $947 million from $712 million in the prior year. Shares of Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) are soaring on the news, up over 25% in after hours trading.
GMCR is a favorite of short sellers, including one of the most famous ones, David Einhorn of Greenlight Capital. We spoke to some shorts...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!