Monster Beverage (Nasdaq: MNST ) is expected to report Q1 earnings on May 8. 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 grow 10.4% and EPS will grow 14.6%.
The average estimate for revenue is $501.7 million. On the bottom line, the average EPS estimate is $0.47.
Last quarter, Monster Beverage recorded revenue of $471.5 million. GAAP reported sales were 15% higher than the prior-year quarter's $410.0 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 $0.39. GAAP EPS of $0.39 for Q4 were 11% higher than the prior-year quarter's $0.35 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 51.7%, 60 basis points worse than the prior-year quarter. Operating margin was 24.2%, 100 basis points worse than the prior-year quarter. Net margin was 14.4%, 130 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $2.32 billion. The average EPS estimate is $2.24.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,842 members out of 1,998 rating the stock outperform, and 156 members rating it underperform. Among 517 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 495 give Monster Beverage a green thumbs-up, and 22 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 $61.22.
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