Dallas,TX 1/29/2010 12:54:18 AM
News / Business

Top Consumer Goods Stocks Gainers - EK, GMCR, GNTX

Consumer Goods Gainers

 

Eastman Kodak Company (NYSE:EK) soars 17.68% to $5.59 on 24.89 million shares after the company posted a better-than-expected quarterly profit on Thursday, showing off the strength of its patent licensing and sales of consumer inkjet printers. For the fourth quarter, Kodak's profit was $439 million, or $1.36 a share, compared with a year-earlier loss of $914 million, or $3.40 a share. Revenue rose 6 percent to $2.58 billion, beating analysts' expectations of $2.38 billion.

 

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Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is up 7.80% to $86.26 on 1.86 million shares after the company announced that for fiscal 2010, it expects total consolidated net sales growth of 57% to 62%, up from prior estimates of 55% to 60% and fully diluted GAAP earnings per share (EPS) in the range of $1.95 to $2.05 per share, up from prior estimates of $1.85 to $1.95 per share. According to Reuters Estimates, analysts were expecting the Company to report revenue of $1.267 billion and GAAP EPS of $1.91 for fiscal 2010; revenue of $311.80 million and GAAP EPS of $0.59 for the second quarter 2010.

 

Gentex Corporation (NASDAQ:GNTX) increases 5.79% to $18.46 on 1.28 million shares after the company announced that for the first quarter of 2010, it expects net sales to increase by 80%-90% compared with the first quarter of 2009. The Company reported revenues of $93.83 million in the first quarter of 2009. According to Reuters Estimates, analysts are expecting the Company to report revenues of $159.11 million for the first quarter of 2010.

 

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