Monster Beverage Reports 2015 Fourth Quarter and Full Year Financial Results

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CLSA Upgrades Monster Beverage (MNST) to Buy

February 26, 2016 8:53 AM EST

CLSA upgraded Monster Beverage (NASDAQ: MNST) from Outperform to Buy.

For an analyst ratings summary and ratings history on Monster Beverage click here. For more ratings news on Monster Beverage click here.

Shares of Monster Beverage closed at $133.11 yesterday.

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Monster Beverage (MNST) Misses Q4 EPS by 14c; Approves $1.75B Common Stock Buyback

February 25, 2016 4:11 PM EST

Monster Beverage (NASDAQ: MNST) reported Q4 EPS of $0.68, $0.14 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $645.4 million versus the consensus estimate of $698.4 million.

The Companys Board of Directors has authorized a share repurchase program of up to $1.75 billion of the Companys outstanding common stock. In addition, there is approximately $250 million available under the previously authorized $500 million share repurchase program. The Company expects to return capital in 2016 to its shareholders pursuant to share repurchases, which may be... More