Why Angi (ANGI) Stock Is Trading Lower Today [Yahoo! Finance]
Monster Beverage Corporation (MNST)
Last monster beverage corporation earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations:
investors.monsterbevcorp.com/events.cfm
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Source: Yahoo! Finance
third-quarter financial results, with sales roughly in line with Wall Street's estimates. Markets typically reward strong top-line beats, which means investors were likely unimpressed by the sales decline and in-line performance recorded during the quarter. Notably, key top-line growth indicators like service requests continued to decline year on year. However, the company performed impressively on the bottom line, with EBITDA exceeding estimates and making for a decent EPS beat. Overall, this was a mixed, but weaker quarter. Separately, IAC (a conglomerate backed by Barry Diller), which owns 85% of Angi, said it wants to sell its position to its shareholders. In a letter to shareholders, IAC added, "With the considerable progress made and developments on the horizon, we have real upside in the business. Angi's economic foundation continues to strengthen, and we suspect that Angi's best shot at realizing that upside to the benefit of our shareholders may be as a standalone company.
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- Monster Beverage Co. (NASDAQ: MNST) had its price target raised by analysts at Argus from $55.00 to $65.00. They now have a "buy" rating on the stock.MarketBeat
MNST
Earnings
- 11/7/24 - Miss
MNST
Sec Filings
- 11/12/24 - Form 144
- 11/8/24 - Form SC
- 11/8/24 - Form 10-Q
- MNST's page on the SEC website