Monster Beverage (MNST) Misses Q4 Earnings Estimates

Core Viewpoint - Monster Beverage reported quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of$ 0.40 per share, indicating a -5% earnings surprise [1] - The company posted revenues of $1.81 billion for the quarter, surpassing the Zacks Consensus Estimate by 1.09% and showing a year-over-year increase from$ 1.73 billion [2] Financial Performance - Earnings per share (EPS) for the current quarter remained the same as the previous year at $0.38, with the company failing to surpass consensus EPS estimates over the last four quarters [1][2] - The revenue growth of 4.6% year-over-year reflects a positive trend, although the company has only topped consensus revenue estimates once in the last four quarters [2] Stock Performance and Outlook - Monster Beverage shares have declined approximately 1.7% year-to-date, contrasting with the S&P 500's gain of 1.3% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.46 on revenues of $1.97 billion, while the estimate for the current fiscal year is$ 1.83 on revenues of $7.94 billion [7] Industry Context - The Beverages - Soft drinks industry is currently ranked in the bottom 43% of over 250 Zacks industries, suggesting potential challenges for stocks within this sector [8] - The performance of Monster Beverage may be influenced by the overall industry outlook, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]