Green Mountain Spills the Coffee: Shares -10% After-Hours

We know, perhaps the cheesiest headline you read today, almost as bad as a 1960's space alien from Star Trek.  However, it's not funny for Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) shareholders who are now victim to trigger happy traders pushing shares down 10% after-hours. 
Green Mountain just posted a decent quarter but it's the guidance that is panicking sellers.  The company's first quarter GAAP earnings per share is estimated in the range of $0.11 to $0.15. Too bad the Street analysts expected earnings of $0.21 per share.

Green Mountain Coffee Roasters Inc. (GMCR) posted fourth quarter net income of $14.4 million or $0.34 per share, compared to $7.1 million or $0.18 per share in the fourth quarter last year.

On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $0.33 per share. Analysts' estimates typically exclude special items.

Net sales for the fourth quarter were up 65% to $222.2 million from $134.8 million in the prior year period. Six Wall Street analysts expected revenues of $216.61 million.

Looking forward, for the fiscal year 2010, the company now expects earnings per share in a range of $1.75 to $1.85 from its prior estimates in the range of $1.70 to $1.80. Street analysts expect earnings of $1.77 per share.

Happy safe trading this stock, its had a great run, take your profits and wait for a new entry point -- the end.

Watch out for the high short interest Green Mountain Coffee Roasters Inc. (GMCR) clocking in at 24%, day traders are going to have a field day tomorrow.