Green Mountain Coffee Roasters (GMCR) is piquing interest, up 16% on its earnings. The company reported after the closing bell, saying it made 93-cents a share excluding items, when estimates were for 74-cents. This is despite the fact is missed slightly on revenue. Green Mountain says more perks are on the way; in a surprise move it has just bolstered a partnership with Starbucks to offer more varieties of K-cups. Even before the jump we're seeing now, Green Mountain shares were up 37% year to date.
Next is Tesla (TSLA), which has electrified traders with its earnings. Shares are up 22% since the company reported after the closing bell. Tesla told us ahead of time, they'd be posting a profit for the first time ever. But a new leasing program has juiced interest in the "Model S" sedan beyond expectations. The company made 12-cents a share compared to estimates of 4-cents. Revenue was also more than 10% above predictions. Tesla shares have had astounding momentum over the past month, up 38% even before those earnings came out last night.
Groupon (GRPN) has also been up sharply on its earnings, now 14% higher. Excluding items, the company met expectations for 3-cents a share and beat on revenue. Both were an improvement from a year ago. The report was the first one since company founder Andrew Mason was ousted as CEO back in February, which gives us an excuse to cite his resignation letter again. It said, "I’ve decided that I’d like to spend more time with my family. Just kidding – I was fired today." Until now the stock has been pretty quiet, climbing just 3% over the past 3-months.
Finally, there's Dish (DISH) network which came out with disappointing earnings this morning. It's now down 3%. Dish missed on both the top and bottom lines. Profit was actually down 40% from a year ago. Part of the problem was a decrease in new subscriptions. Dish stock is up 31% over the past year.