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Seeking Clues to Monster Beverage (MNST) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
MonsterMonster(US:MNST) Zacks Investment Researchยท2024-02-23 15:21

Core Insights - Wall Street analysts expect Monster Beverage to report quarterly earnings of $0.39 per share, reflecting a year-over-year increase of 34.5% [1] - Revenues are projected to reach $1.75 billion, representing a 15.9% increase from the same quarter last year [1] Revenue Estimates - Analysts forecast 'Net Sales- Alcohol Brands' to reach $44.82 million, indicating a year-over-year change of +66.4% [2] - 'Net Sales- Strategic Brands' is expected to be $127.79 million, showing a change of +37.5% from the prior-year quarter [2] - 'Net Sales- Monster Energy Drinks' is estimated at $1.58 billion, reflecting a year-over-year change of +13.7% [2] Other Revenue Metrics - The consensus estimate for 'Net Sales- Other' stands at $4.40 million, suggesting a change of -4.2% year over year [3] - 'Revenue- Outside United States' is projected to reach $611.15 million, indicating a change of +20.3% from the prior-year quarter [3] - Estimated 'Geographic Revenue- United States and Canada' is $1.10 billion, suggesting a change of +10% year over year [3] Stock Performance - Shares of Monster Beverage have changed by -0.1% in the past month, compared to a +5% move of the Zacks S&P 500 composite [3] - With a Zacks Rank 3 (Hold), Monster Beverage is expected to mirror overall market performance in the near future [3]