NASDAQ$MNST

Monster Beverage Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported financial results for Q1 2020, with net sales increasing by 12.3% to $1.06 billion and net income increasing by 6.6% to $278.8 million.

Monster Beverage Corporation reported a 12.3% increase in net sales for the first quarter of 2020, reaching $1.06 billion. Net income increased by 6.6% to $278.8 million, with earnings per diluted share rising to $0.52. The company's performance was driven by growth in its Monster Energy® Drinks segment and Reign Total Body Fuel® high performance energy drinks.

  • Net sales for the first quarter of 2020 increased by 12.3% to $1.06 billion.
  • Net income for the first quarter of 2020 increased by 6.6% to $278.8 million.
  • Net income per diluted share for the first quarter of 2020 increased by 8.2% to $0.52.
  • The impact of the COVID-19 pandemic on the Company’s net and gross sales for the 2020 first quarter was not material.

Headline financials

Total Revenue

$1.06B

Previous: $946M+12.3%
EPS (adj)

$0.26

Previous: $0.24+8.3%
Capital Expenditures

-$11.1M

Previous: -$8.49M-31.0%
Free Cash Flow

$268M

Previous: $253M+5.8%
Net Income

$279M

Previous: $261M+6.6%
Operating Income

$365M

Previous: $311M+17.2%
Gross Profit

$637M

Previous: $574M+11.1%
Cash & Equivalents

$702M

Previous: $618M+13.5%

Revenue & EPS history

Monster Beverage · Revenue · Quarterly

$1.06B

Q1 2020+12.3%vs Q1 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Monster Beverage · $1.06B total across 3 segments · Q1 2020

  • Monster Energy Drinks
    $993M+14.0%
  • Strategic Brands
    $64.5M-8.3%
  • Other
    $5.1M-3.8%

Forward guidance

Currently, the Company does not foresee a material impact on the ability of its co-packers to manufacture and its bottlers/distributors to distribute its products as a result of the COVID-19 pandemic. In addition, the Company is not experiencing raw material or finished product shortages in its supply chain. Based on currently available information, the Company does not expect the COVID-19 pandemic to have a material impact on its liquidity.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.2%

Avg return

Earnings day

+1.5%

Avg return

5 days after

+2.1%

Avg return

30 days after

58%

40 / 69 earnings

Positive

+15.7%

Q1 2016

Best reaction

-19.9%

Q2 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.6%+9.6%+16.1%
Q4 2025+1.5%-9.3%-17.1%
Q3 2025+5.1%+6.3%+11.2%
Q2 2025+0.0%-0.8%-2.6%
Q1 2025+1.5%+1.4%+5.4%
Q4 2024+5.3%+6.6%+11.4%
Q3 2024-0.6%+2.9%-4.0%
Q2 2024-11.4%-9.7%-4.2%
Q1 2024+2.7%+2.1%-3.0%
Q4 2023+5.3%+4.3%+5.6%
Q3 2023+7.6%+8.4%+6.9%
Q2 2023-4.4%-0.4%-1.9%
Q1 2023+2.3%+0.6%+1.9%
Q4 2022-3.0%-0.3%+2.6%
Q3 2022+6.8%+6.7%+13.4%
Q2 2022-4.9%-7.5%-8.0%
Q1 2022+0.0%-2.9%+2.5%
Q4 2021+6.5%+4.8%-0.9%
Q3 2021+4.9%+5.1%-4.1%
Q2 2021+5.4%+7.4%+6.1%
Q1 2021-3.4%-3.1%+1.0%
Q4 2020-0.6%-1.5%+3.9%
Q3 2020+0.7%-1.4%+5.7%
Q2 2020+6.8%+6.9%+6.2%
Q1 2020+7.3%+8.0%+17.8%
Q4 2019-5.3%-3.2%-14.4%
Q3 2019+3.9%+4.3%+7.2%
Q2 2019+3.3%-6.1%-5.0%
Q1 2019+8.9%+6.3%+6.8%
Q4 2018+8.7%+10.7%-7.1%
Q3 2018-1.2%-0.1%+4.8%
Q2 2018+2.0%+1.1%+0.9%
Q1 2018-7.9%-7.6%-0.9%
Q4 2017-15.5%-13.1%-10.8%
Q3 2017+1.3%+7.4%+9.2%
Q2 2017-1.6%+1.8%+6.6%
Q1 2017+5.6%+6.8%+14.1%
Q4 2016+14.3%+13.4%+11.4%
Q3 2016-6.3%-5.7%-7.6%
Q2 2016+3.0%+0.9%-2.5%
Q1 2016+15.7%
Q4 2015-1.2%
Q3 2015+13.1%
Q2 2015-3.2%
Q1 2015-8.5%
Q4 2014+14.0%
Q3 2014+9.3%
Q2 2014+5.2%
Q1 2014+2.9%
Q4 2013+4.2%
Q3 2013-4.7%
Q2 2013+2.0%
Q1 2013-5.6%
Q4 2012-1.3%
Q3 2012+1.8%
Q2 2012-19.9%
Q1 2012+9.6%
Q4 2011+0.7%
Q3 2011-4.7%
Q2 2011+11.0%
Q1 2010-0.7%
Q1 2011+1.2%
Q4 2008-3.7%
Q4 2010-3.7%
Q3 2010-2.8%
Q3 2009-2.8%
Q2 2010+1.6%
Q2 2009+1.6%
Q4 2009+1.6%

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