Monster Beverage Reports 2018 Third Quarter Financial Results

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Monster Beverage (MNST) PT Raised to $46 at Susquehanna

November 8, 2018 9:14 AM EST

Susquehanna analyst Pablo Zuanic raised the price target on Monster Beverage (NASDAQ: MNST) to $46.00 (from $44.00) while maintaining a Negative rating.

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Monster Beverage (MNST) PT Lowered to $55 at Wells Fargo; 'Uncertainty Increasing'

November 8, 2018 8:43 AM EST

Wells Fargo analyst Bonnie Herzog lowered the price target on Monster Beverage (NASDAQ: MNST) to $55.00 (from $58.00) while maintaining a Market Perform rating following a mixed quarter.

Herzog said, importantly, uncertainty is increasing with the story given several factors that could dominate the narrative n.t.... More

Monster Beverage (MNST) Tops Q3 EPS by 2c, Revenues Beat

November 7, 2018 4:20 PM EST

Monster Beverage (NASDAQ: MNST) reported Q3 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $987.92 million.

Rodney C. Sacks, Chairman and Chief Executive Officer, said: We are pleased to report record third quarter net sales of more than... More