Top Gainer Consumer Goods Stocks were EK, GMCR, GNTX
Top Consumer Goods Stocks by PennyStockPickalert.com.
Dallas, Tx - Eastman Kodak Company (NYSE:EK) soared 24.63% to $5.92 on 54.87 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) went up 9.47% to $87.60 on 4.80 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) increased 7.62% to $18.78 on 4.81 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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