Analysts were expecting Peet's Coffee & Tea Inc. (PEET) [Chart - News - Analysis] to report earnings of $0.16 for last quarter, but PEET beat expectations with actual earnings of $0.19---3 cents above the consensus estimate. PEET also issued earnings guidance for next quarter that is above current analyst expectations.

If you compare last quarter's earnings to the $0.15 the company made per share during the same quarter a year ago, you can see that PEET’s earnings are up this year.

{loadposition link_newslink1}

Also, if you compare PEET's 20.00% projected earnings-per-share (EPS) growth rate for the next five years with the projected EPS growth rate of 8.63% for the Processed & Packaged Goods industry as a whole during that same time frame, you can see that analysts expect PEET to outperform the industry in the future---which is a good sign for the stock.

Drilling down a little deeper into the Processed & Packaged Goods industry, you can see how analysts believe PEET will stack up against some of the other stocks in the industry, like The J. M. Smucker Company (SJM) [Chart - News - Analysis] and ConAgra Foods, Inc. (CAG) [Chart - News - Analysis], in the future. Analysts believe SJM's earnings are going to grow at a rate of 8.00% while CAG's earnings are going to grow at a rate of 8.00%.

Earnings season can be a volatile time in the stock market. Check out these videos and articles to be better prepared to take advantage of the large price moves that tend to accompany earnings announcements.

- Earnings Season is Here - Find Out How to Trade It

- Using Options to Trade Earnings

- Understanding Stock Analyst Research and Recommendations

{loadposition link_nowtime}

{loadposition followus}