Krispy Kreme Doughnuts (KKD: Quote) reported first quarter adjusted net income of $0.14 per share Monday morning, compared to $0.13 per share last year. The consensus estimate was for EPS of $0.08. Full year 2013 adjusted EPS is expected to be between $0.35 and $0.41, compared to the consensus estimate of $0.25.
Krispy Kreme Doughnuts gapped up slightly Monday and rose during the first 2 hours of trade. Shares finished up by 0.61 at $6.62 on above average volume. The stock rebounded off of support on Friday, following a 3-week decline.
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by RTT Staff Writer
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