For the quarter ended September 2024, Monster Beverage (MNST) reported income of $1.88 billion, up 1.3% over the identical interval final yr. EPS got here in at $0.40, in comparison with $0.41 within the year-ago quarter.
The reported income represents a shock of -1.77% over the Zacks Consensus Estimate of $1.91 billion. With the consensus EPS estimate being $0.42, the EPS shock was -4.76%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher undertaking a inventory’s value efficiency.
Right here is how Monster Beverage carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Web Gross sales- Alcohol Manufacturers: $39.78 million versus $40.90 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -6% change.
- Web Gross sales- Strategic Manufacturers: $112.57 million in comparison with the $110.50 million common estimate based mostly on three analysts. The reported quantity represents a change of +14% yr over yr.
- Web Gross sales- Monster Vitality Drinks: $1.72 billion versus the three-analyst common estimate of $1.78 billion. The reported quantity represents a year-over-year change of +0.9%.
- Web Gross sales- Different: $5.93 million versus $7.41 million estimated by three analysts on common. In comparison with the year-ago quarter, this quantity represents a -11.5% change.
View all Key Company Metrics for Monster Beverage here>>>
Shares of Monster Beverage have returned +7.8% over the previous month versus the Zacks S&P 500 composite’s +4.9% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it may carry out in keeping with the broader market within the close to time period.
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Monster Beverage Corporation (MNST) : Free Stock Analysis Report
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