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Stock impact report

Earnings To Watch: Monster (MNST) Reports Q3 Results Tomorrow [Yahoo! Finance]

The Vita Coco Company, Inc. (COCO) 
Company Research Source: Yahoo! Finance
Monster missed analysts' revenue expectations by 5.6% last quarter, reporting revenues of $1.90 billion, up 2.5% year on year. It was a disappointing quarter for the company, with a miss of analysts' EBITDA and earnings estimates. Is Monster a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Monster's revenue to grow 3% year on year to $1.91 billion, slowing from the 14.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.43 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 6 downward revisions over the last 30 days (we track 15 analysts). Looking at Monster's peers in the beverages, alcohol and tobacco segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Vita Coco's revenues decreased 3.7% year on year, missing analysts' expectations by 4.3%, and Co Show less Read more
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