Monster Beverage (MNST) reported earnings on Wed 1 March 17 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Monster Beverage reports Q4 (Dec) results, beats on revs:

• Reports Q4 (Dec) earnings of $0.30 per share, may not be comparable to the Capital IQ Consensus of $0.30; revenues rose 16.8% year/year to $753.8 mln vs the $723.88 mln Capital IQ Consensus.
• Co estimates that distributor termination expenses of $46.3 mln reduced reported EPS approx. $0.05 per share, after tax.
• On Feb 28, Co's Board of Directors authorized a new repurchase program for up to $500 mln of common stock. No availability remained under the previously-authorized share repurchase programs.