Earnings Preview: Monster Beverage

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On Tuesday, August 04, Monster Beverage MNST will release its latest earnings report. Benzinga's outlook for Monster Beverage is included in the following report.

Earnings and Revenue

Monster Beverage EPS is expected to be around $0.48, according to sell-side analysts. Sales will likely be near $995.94 million. In the same quarter last year, Monster Beverage posted EPS of $0.530 on sales of $1.10 billion. If the company were to post earnings in-line with the consensus estimate when it reports Tuesday, EPS would be down 9.43%. Sales would be down 0.41% from the same quarter last year. Monster Beverage's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.48 0.47 0.54 0.56
EPS Actual 0.52 0.47 0.55 0.53
Revenue Estimate 1.00 B 1.00 B 1.11 B 1.13 B
Revenue Actual 1.06 B 1.02 B 1.13 B 1.10 B

Stock Performance

Over the last 52-week period, shares are up 28.45%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Monster Beverage is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/g2cj238s

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