David EinhornWe bet he’s wearing a big smile right now.

David Einhorn is celebrating right now.His big bet against Green Mountain Coffee just paid off, with shares tanking 27% in after hours trading since the earnings announcement.

That could all be because the firm generated only $711 million in revenue—a $49 million miss.

Otherwise, Green Mountain reported EPS right on the mark and raised estimates for 2012.

More on those earning results right here.

DON’T MISS: David Einhorn’s Presentation That Absolutely Destroys Green Mountain Coffee >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.