Monster Beverage (MNST) volatility elevated into weaker than expected Q2 revenue
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Monster Beverage (Nasdaq: MNST) is recently trading down 7.5% in the premarket on weaker than expected revenue. Credit Agricole Securities "International growing pains." Overall option implied volatility of 61 is above its 26-week average of 40 according to Track Data.
Monster Beverage reported Q2 EPS of $0.59, $0.02 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $592.6 million versus the consensus estimate of $596.12 million.
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Monster Beverage reported Q2 EPS of $0.59, $0.02 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $592.6 million versus the consensus estimate of $596.12 million.
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