Ahead of Monster Beverage (MNST) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Viewpoint - Wall Street analysts expect Monster Beverage to report a quarterly earnings per share (EPS) of $0.46, reflecting a year-over-year increase of 9.5%, with revenues projected at $1.98 billion, a 4.3% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 1% in the last 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts project 'Net Sales- Alcohol Brands' to reach $50.18 million, indicating a year-over-year decline of 10.5% [5]. - 'Net Sales- Strategic Brands' are expected to be $101.81 million, reflecting a year-over-year decrease of 6.1% [5]. - 'Net Sales- Monster Energy Drinks' are forecasted to reach $1.80 billion, showing a year-over-year increase of 4% [5]. - 'Net Sales- Other' is projected at $5.95 million, indicating a year-over-year increase of 7.5% [6]. Stock Performance - Over the past month, shares of Monster Beverage have returned +5.2%, outperforming the Zacks S&P 500 composite, which changed by +0.4% [7]. - Currently, Monster Beverage holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7].