Dougherty & Co Adjusts Estimates on Green Mountain Coffee Roasters (GMCR); A 'Show Me' Stock Now

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Dougherty & Co maintains a 'Neutral' on Green Mountain Coffee Roasters (NASDAQ: GMCR).

Analyst, Gregory J. McKinley, said, "GMCR’s conference call focused on the changes it has made to improve forecasting and measurement of its business. The fact the June quarter marked the first time in 5 quarters in which revenues and profits closely approximated consensus estimates will increase investor confidence GMCR has made progress on this front, although this clearly remains a “show me” stock in the near-term."

2012E EPS from $2.17 to $2.04 and revenues from $3.88 billion to $3.81 billion; 2013E EPS from $2.57 to $2.39 and revenues from $4.60 billion to $4.43 billion

For an analyst ratings summary and ratings history on Green Mountain Coffee Roasters click here. For more ratings news on Green Mountain Coffee Roasters click here.

Shares of Green Mountain Coffee Roasters closed at $17.91 yesterday, with a 52 week range of $17.11-$115.98.

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