Green Mountain Falls Slightly

is down slightly in after hours following the company's fourth quarter and full fiscal year results. The company reported a Q4 EPS of $0.89 versus the Street estimate of $0.75. Earnings per share were up 39 percent from the year-ago period. Revenue came in at $1.05 billion versus the Street estimate of $966.27 million. Sales were up 11 percent year-over-year. "We had a strong end to an excellent year, driven by continued consumer passion for the Keurig brewing system," Brian P. Kelley, Green Mountain's President and CEO, said in a

. "Our 16% annual revenue growth and 22% revenue growth for the fourth quarter were driven by robust brewer sales and continued portion pack sales momentum. We also continued to deliver solid operating results, growing non-GAAP earnings per share by 56% in the fourth quarter and 45% for the fiscal year. Importantly, for the year, free cash flow generation of $603 million was nearly eight times last year's $77 million." Green Mountain also announced that it will add $1 billion to its buyback plan. Looking ahead, the company expects its first quarter EPS to fall below the Street's estimate of $0.96, landing somewhere between $0.85 and $0.90 instead. The firm's fiscal year 2014 EPS is looking a little better. Green Mountain expects it to fall within the $3.75 and $3.85 range versus the Street estimate of $3.78. The stock is currently trading down less than one percent. Disclosure: