Monster Beverage (Nasdaq: MNST ) is expected to report Q4 earnings around Feb. 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Monster Beverage's revenues will increase 18.5% and EPS will increase 17.1%.
The average estimate for revenue is $485.9 million. On the bottom line, the average EPS estimate is $0.41.
Last quarter, Monster Beverage reported revenue of $541.9 million. GAAP reported sales were 14% higher than the prior-year quarter's $474.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.47. GAAP EPS of $0.47 for Q3 were 6.8% higher than the prior-year quarter's $0.44 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 50.5%, 220 basis points worse than the prior-year quarter. Operating margin was 26.0%, 180 basis points worse than the prior-year quarter. Net margin was 15.9%, 150 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.08 billion. The average EPS estimate is $1.89.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,833 members out of 1,988 rating the stock outperform, and 155 members rating it underperform. Among 538 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 512 give Monster Beverage a green thumbs-up, and 26 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Monster Beverage is outperform, with an average price target of $70.38.
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