Green Mountain Coffee Roasters Q1 Profit Up - Quick Facts

(RTTNews) - Green Mountain Coffee Roasters, Inc. (GMCR) Wednesday reported first-quarter profit of $138.2 million or $0.91 per share, up from $107.6 million or $0.70 per share in the same period last year.

Adjusted earnings for the quarter were $146.1 million or $0.96 per share. On average, 15 analysts polled by Thomson Reuters expected the company to earn $0.90 per share for the quarter. Analysts' estimates typically exclude special items.

Sales improved 4 percent to $1.39 billion from $1.34 billion last year. Analysts expected revenues of $1.41 billion.

Looking ahead to the second quarter, the company has forecast adjusted earnings in the range of $0.93 to $0.98 per share. Analysts currently expect second-quarter earnings of $1.02 per share.

For the fiscal year 2014, the company currently projects adjusted earnings in the order of $3.75 to $3.85 per share. Analysts currently expect full-year earnings of $3.82 per share.