Green Mountain Shows Acceleration

This article was placed on behalf of the U.S. based equity research effort of institutional broker and investment bank Canaccord Genuity. It was part of a series of articles developed under an agreement with forbes.com to work with a variety of contributors and assist them in delivering actionable investment ideas each week. The site, forbes.com is one of the top 500 sites in the world with nearly 10 million subscribers and approximately 100 million page views a month.

Following a robust first quarter (fiscal 2012) report for Green Mountain Coffee Roasters (GMCR), Canaccord Genuity consumer analyst Scott Van Winkle reiterated his BUY rating and $94 price target on the company and raised his revenue estimates for 2012 and 2013. Noting he expects several years of rapid revenue and earnings growth, Mr. Van Winkle said:

“We assumed this year would be about earnings rather than beginning with accelerated momentum.” However, Van Winkle noted brewer sales momentum was the key Q1 take-away with GMCR selling 4.2M brewers versus his forecast of 2.8M. He also noted K-cup unit sales rose 81% versus his forecast of 62%.

Of brewer shipments he noted, “Brewer shipments are the true key to the first quarter results as the holiday season is the peak brewer selling season and the growing installed base will be what drives the company’s fundamentals.”

Amazon Summits A Dow That No Longer Exists

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I was retained by Big Four accounting and consulting firm KPMG to assist them in their thought leadership efforts centered on changing accounting regulations. In this case, the Financial Accounting Standards Board or FASB had instituted new rules on the measurement of current and expected credit losses, i.e. CECL, that would require massive reorganization of financial reporting for the largest financial services organizations in the world. This thought leadership piece concerned the results of a survey among C-suite executives about their state of preparedness in the final countdown to the CECL implementation.

Securitizing Structured Settlement Payment Streams: A Primer

Fall 2012. This article was written with Stefano Sola and Phil Donahue, executives at JGWPT Holdings. We were engaged by JGWPT to assist them
in publishing the article below for The Journal Of Structured Finance.

Is The Media Biased?

This story is from our February 2024 update newsletter that offers communications insights, and hopefully, some amusing diversion.

David R. Evanson, LLC David R. Evanson, LLC