Green Mountain Coffee Roasters (GMCR) reported first quarter adjusted EPS of $0.60 after the close Wednesday, up from $0.18 in the prior year period. The consensus estimate was for EPS of $0.36. The company expects to report second quarter adjusted EPS of $0.60 to $0.65 and between $2.55 and $2.65 for the full year 2012. The consensus estimates are for EPS of $0.73 and $2.56.
Green Mountain Coffee Roasters gapped open sharply higher Thursday, but was range-bound throughout the session. Shares finished up by 12.79 at $66.42 on above average volume. The stock broke out of a range and closed at nearly a 3-month high.
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