Why Monster Beverage (MNST) is Poised to Beat Earnings Estimates Again

Core Insights - Monster Beverage (MNST) is positioned to continue its earnings-beat streak, having surpassed earnings estimates in the last two quarters by an average of 5.25% [1][5]. Earnings Performance - For the last reported quarter, Monster Beverage achieved earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, resulting in a surprise of 8.33% [2]. - In the previous quarter, the company was expected to report earnings of $0.46 per share but delivered $0.47 per share, yielding a surprise of 2.17% [2]. Earnings Estimates and Predictions - Recent favorable changes in earnings estimates for Monster Beverage have been noted, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Monster Beverage stands at +2.09%, reflecting increased analyst optimism regarding its near-term earnings potential [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, suggesting that last-minute revisions by analysts may provide more accurate predictions [7].