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Green Mountain Coffee Earnings Beat Expectations

Rob WileNov 21, 2013, 02:32 IST

Toby Talbot/AP ImagesGreen Mountain Coffee Earnings beat earnings estimates at $0.89.

Analysts were expecting $0.75.

Revenues came in at $1.05 billion versus $964 million consensus.

The stock is up more than 5%.

The company authorized a $1 billion share buyback.

K-Cup sales were up more 18% YOY.

They continued to project double-digit revenue growth long-term.

Its at least the second-straight quarter of surpassing consensus.