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Green Mountain Cooldown; Priceline & Monster Beverage on Tap

Dan Berman
Hot Stock Minute
Green Mountain Cooldown; Priceline & Monster Beverage on Tap

Green Mountain Coffee Roasters (GMCR) is unexpectedly cooling on its earnings, with shares down more than 6% in early trading. Green Mountain beat estimates on the bottom line by 5-cents a share when it reported yesterday afternoon. The perceived problem may be a miss on revenue which came in at $967-million when expectations were for $981-million. Profits actually jumped 59%, thanks to stronger sales in the U.S. and lower coffee bean costs. The company also issued a better-than-expected outlook for the current quarter and the full year. Maybe the drop we're seeing is simple profit taking. Shares of Green Mountain are up 82% year-to-date. They're up 222% over the past year.

T-Mobile (TMUS) which released earnings this morning. The company says profits fell but sales rose thanks to a new marketing offensive. Earlier this year, T-Mobile eliminated phone subsidies and set up pay-as-you-go plans, something which helped the company add 1.1 million costumers in the quarter. Looking at how the T-Mobile has been trading, you can see a deep dip in early May when the company merged into MetroPCS from Deutsche Telekom, but shares are up 24% year-to-date.

Priceline (PCLN) reports after today's closing bell. The company is expected to post earnings of $9.36 a share, up from $7.85 a year ago. Revenue is supposed to climb 25% to 1.66-billion dollars. The rise in figures is due largely to Priceline's acquisition of competitor Kayak dot com. The company has also been experiencing robust growth internationally. Shares of Priceline are up 45% year-to-date and hit an all-time high on Tuesday.

Monster Beverage (MNST) also reports after the closing bell. Monster is expected to post earnings of 64-cents a share, up a nickel from a year ago. Revenue is expected to rise around 10% to $646-million. That would be a reversal from last quarter when Monster reported a decrease in both earnings and revenue. Those declines came as the company faced questions about the safety of its caffeinated drinks. Shares of Monster are now up about 15% since the start of the year, giving the company a market cap of more than $10-billion.