* Q3 adj. EPS $0.19 vs est $0.18
* Q3 sales up 64 pct to $311.5 mln
* Sees Q4 EPS $0.18 to $0.20
July 28 Green Mountain Coffee Roasters Inc
GMCR.O posted better-than-expected third-quarter results on
strong sales of its high-margin coffee portion refills, but the
company's fourth-quarter profit outlook came in short of market
For the third quarter ended June 26, net income was $18.6
million, or 13 cents a share, compared with $14.1 million, or
12 cents a share, a year ago.
Excluding items, the company earned 19 cents a share.
Net sales rose 64 percent to $311.5 million.
Analysts on average were expecting earnings of 18 cents a
share, before special items, on revenue of $307.5 million,
according to Thomson Reuters I/B/E/S.
Net sales from K-Cup portion packs were up 90 percent to
$197 million in the quarter.
The company, which makes the single-cup Keurig brewers,
expects a fourth-quarter adjusted profit of 18 cents to 20
cents a share. Analysts were expecting a profit of 21 cents a
Shares of the company were up 7 cents at $28.75 in trading
after the bell. They closed at $28.67 Wednesday on Nasdaq.
(Reporting by Mihir Dalal in Bangalore; Editing by