Green Mountain Rises Most Since March on Keurig Sales Jump

Feb. 2 (Bloomberg) -- Green Mountain Coffee Roasters Inc., the maker of Keurig brand single-cup pods and brewers, rose the most in more than 10 months after reporting profit that beat analysts’ estimates as sales rose.
    Green Mountain advanced 22 percent to $65.45 at 9:47 a.m. in New York after yesterday reporting profit, excluding some items, of 60 cents a share. Analysts projected 36 cents, the average of 12 estimates compiled by Bloomberg. Earlier the shares jumped 25 percent for the biggest intraday gain since March 10.

The company said second-quarter profit, excluding certain items, will be 60 cents to 65 cents a share, compared with an average analyst estimate of 73 cents. Green Mountain reiterated its fiscal 2012 profit forecast, excluding some items, for as much as $2.65 a share. The average estimate of analysts was $2.55.