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Keurig Green Mountain Inc (NASDAQ: GMCR) reports FY Q4 earnings Wednesday after the close.
The company is estimated to report EPS of $0.77 on revenue of $1.16 billion.
Bank of America analyst Bryan D. Spillane forecasted EPS of $0.77, in line with consensus.
“We are forecasting sales growth of 12.2 percent (Portion packs +15 percent/Brewers and accessories +14 percent), operating profits +16.8 percent (SG&A +$25m vs 4Q13). Our EPS estimate is at the top end of management’s guidance range ($0.75) mainly due to our view that the company is likely to have offset more of the KO and Lavazza dilution,” according to Spillane.
BTIG analyst Theo Brito forecasted EPS at $0.75 and expected “a weak Q4 due to continued pressure on pricing and higher spending behind Keurig 2.0 launch.”
“Recently announced K-Cup pricing will help FY15 results, but we still see margins under pressure and topline uncertainty given low visibility on new product launches. Our FY15 EPS estimate is $3.85. On current fundamentals we believe valuation is stretched,” according to Brito.
The stock was under pressure heading into the earnings announcement trading at $153.69, down 2.17 percent.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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