Monster Beverage Corporation (MNST) markets and distributes energy drinks and alternative beverages in the U.S. and internationally. Its offerings include energy drinks, iced tea, lemonades, juice cocktails, fruit beverages, and more. With a market cap of $57.5 billion, the California-based company operates through Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other segments.
The beverage giant is expected to release its Q2 results after the market closes on Wednesday, Aug. 6. Ahead of the event, analysts predict MNST to deliver a profit of $0.48 per share, up 17.1% from $0.41 per share reported in the year-ago quarter. While the company has surpassed the Street’s bottom-line projections once over the past four quarters, it has surpassed the estimates on three other occasions.
