Monster Beverage Corporation has seen significant and profitable growth, benefiting from the overall rise of the energy drink market. The company is now focusing more on expanding in international markets. Although Red Bull and new brands in the US have gained some market share through new flavors and competitive prices, Monster still holds a strong position, and I believe MNST stock is fairly valued at $56.
Look into how Monster Beverage's (MNST) income from global markets is evolving and how this affects Wall Street's forecasts and the future of the stock.
Look into how Monster Beverage's (MNST) income from global markets is evolving and how this affects Wall Street's forecasts and the future of the stock.
Monster Beverage (NASDAQ: MNST) is facing challenges that could make it a risky investment, particularly due to struggles in the alcohol sector. As the alcohol market shrinks in the fourth quarter of 2024, adjustments will be necessary, which could negatively impact shareholder value.
Monster Beverage Corporation (MNST 5.26%) had its earnings call for the fourth quarter and full year of 2024 on February 27, 2025. In the call, the company's leaders talked about their continued growth in international markets, their pricing strategies, and the difficulties they faced in the alcoholic beverage sector, which led to impairment charges.
Monster Beverage's impressive sales in the fourth quarter show the growth of energy drinks and increased prices. Additionally, better profit margins from reduced production costs also contribute to their earnings.
Monster Beverage (MNST) reported quarterly earnings of $0.38 per share, which is lower than the Zacks Consensus Estimate of $0.40 per share. This is the same as the earnings of $0.38 per share from the previous year.
Monster Beverage Corporation announced a 4.7% increase in net sales for the fourth quarter, reaching $1.81 billion. When adjusted for foreign currency changes, net sales rose by 7.8%. Additionally, the company's gross profit margin improved to 55.5% on a non-GAAP basis, and operating income increased by 7.9% to $517.9 million.
MNST's fourth-quarter results are likely to show the effects of slower sales growth for energy drinks in U.S. convenience stores, but this may be balanced out by new product innovations and pricing strategies.
CORONA, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ: MNST) has announced that it will share its fourth quarter results for the period ending December 31, 2024, on Thursday, February 27, 2025, after the market closes.