Green Mountain Coffee Roasters (GMCR) reported second quarter adjusted EPS of $0.93 after the bell Wednesday, which topped the consensus estimate of $0.73. The company expects to report third quarter adjusted EPS of $0.71 to $0.78 and between $3.05 and $3.15 for the full year 2013. The consensus estimates are for EPS of $0.65 and $2.84.
Green Mountain Coffee Roasters gapped open sharply higher Thursday and climbed steadily until mid-morning. Shares finished up by 16.56 at $76.04 on strong volume. The stock surged to a new high for the year.
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