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Monster Beverage (MNST) International Revenue Performance Explored
MNSTMonster(MNST) ZACKS·2024-08-12 14:21

Core Insights - Monster Beverage's international operations are crucial for assessing its financial resilience and growth prospects in a global economy [1][6] - The company's total revenue for the quarter was 1.9billion,reflectinga2.51.9 billion, reflecting a 2.5% increase year-over-year [2] International Revenue Trends - Latin America and Caribbean contributed 163.38 million, or 8.6% of total revenue, which was a -4.51% surprise compared to expectations of 171.1million[3]EMEAgenerated171.1 million [3] - EMEA generated 393.92 million, accounting for 20.7% of total revenue, with a -13.25% surprise against the consensus estimate of 454.07million[3]AsiaPacificaccountedfor454.07 million [3] - Asia Pacific accounted for 145.09 million, or 7.6% of total revenue, showing a +0.17% surprise compared to the expected 144.84million[4]FutureRevenueProjectionsAnalystsanticipatetotalrevenueof144.84 million [4] Future Revenue Projections - Analysts anticipate total revenue of 1.96 billion for the current fiscal quarter, a 5.8% increase year-over-year, with expected contributions from Latin America and Caribbean (8.6%), EMEA (23.6%), and Asia Pacific (7.6%) [5] - For the full year, total revenue is projected to reach $7.65 billion, up 7.2% from the previous year, with specific contributions from each region [5] Conclusion - Monitoring international revenue trends is essential for projecting Monster Beverage's future trajectory amid growing international ties and geopolitical disputes [6]