Green Mountain Crushes Earnings as Inventory Builds
At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
- Social network Facebook files for a $5 billion IPO.
- Green Mountain (NAS: GMCR) more than doubled revenue for its fiscal first quarter. However, inventory also doubled for the period, which could mean problems down the road.
- Wireless chip giant Qualcomm (NAS: QCOM) posted impressive earnings for its first quarter, with EPS excluding unusual items coming in at $0.97, ahead of analysts' estimated $0.90 a share.
- Dow Chemical (NYS: DOW) disappointed, reporting a surprising loss for its fourth quarter.
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At the time this article was published Fool contributor Tamara Rutter owns shares of Qualcomm. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Qualcomm.Motley Fool newsletter serviceshave recommended buying shares of and creating a lurking gator position in Green Mountain Coffee Roasters. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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