Keurig Green Mountain (GMCR) Stock Hits 52-Week Low on Earnings Miss

May 7, 2015 2:17 PM

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Keurig Green Mountain (GMCR) Stock Hits 52-Week Low on Earnings Miss

NEW YORK (TheStreet) -- Shares of Keurig Green Mountain (GMCR - Get Report) fell to a 52-week low of $95.02 on Thursday after the coffee company reported a second-quarter earnings miss.

The company earned $1.03 a share, a 5% year-over-year decline, on revenue of $1.13 billion, a 2% increase. This came up short of the expectations of $1.05 a share on revenue of $1.15 billion from analysts polled by Thomson Reuters.

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