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OFFON

MONSTER BEVERAGE CORPORATION

(MNST)
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Monster Beverage : to Report 2020 Third Quarter Financial Results on November 5, 2020

10/29/2020 | 07:06am EDT

CORONA, Calif., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (NASDAQ:MNST) announced today that results for its third quarter ended September 30, 2020 will be released on Thursday, November 5, 2020 after the close of the market. The company also said that chairman and chief executive officer, Rodney Sacks, and vice chairman and president, Hilton Schlosberg, will host an investor conference call that same day at 2:00 p.m. Pacific Time to review the company’s financial results and operations.

The call will be open to all interested investors through a live audio webcast via the Internet at www.monsterbevcorp.com.  For those who are not able to listen to the live broadcast, the call will be archived for approximately one year on the website.

Monster Beverage Corporation
Based in Corona, California, Monster Beverage Corporation is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries develop and market energy drinks, including Monster Energy® energy drinks, Monster Energy Ultra® energy drinks, Monster MAXX® maximum strength energy drinks, Java Monster® non-carbonated coffee + energy drinks, Espresso Monster® non-carbonated espresso + energy drinks, Monster Rehab® non-carbonated tea + energy drinks, Muscle Monster® non-carbonated energy shakes, Monster Hydro® non-carbonated refreshment + energy drinks, Monster HydroSport Super Fuel® non-carbonated advanced hydration + energy drinks, Monster Dragon Tea® non-carbonated energy teas, Reign Total Body Fuel® high performance energy drinks, Reign Inferno® thermogenic fuel high performance energy drinks, NOS® energy drinks, Full Throttle® energy drinks, Burn® energy drinks, Samurai® energy drinks, Relentless® energy drinks, Mother® energy drinks, Play® and Power Play® (stylized) energy drinks, BU® energy drinks, Nalu® energy drinks, BPM® energy drinks, Gladiator® energy drinks, Ultra Energy® energy drinks, Live+® energy drinks, Predator® energy drinks and Fury® energy drinks.  For more information, visit www.monsterbevcorp.com.

CONTACTS:Rodney C. Sacks
 Chairman and Chief Executive Officer
 (951) 739-6200
  
 Hilton H. Schlosberg
 Vice Chairman
 (951) 739-6200
  
 Roger S. Pondel / Judy Lin Sfetcu
 PondelWilkinson Inc.
 (310) 279-5980


Monster Beverage Corporation Logo

Source: Monster Beverage Corporation

2020 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2021 5 367 M - -
Net income 2021 1 386 M - -
Net cash 2021 1 894 M - -
P/E ratio 2021 35,6x
Yield 2021 -
Capitalization 49 367 M 49 367 M -
EV / Sales 2021 8,85x
EV / Sales 2022 7,95x
Nbr of Employees 3 340
Free-Float 58,9%
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Technical analysis trends MONSTER BEVERAGE CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 102,71 $
Last Close Price 93,40 $
Spread / Highest target 26,3%
Spread / Average Target 9,96%
Spread / Lowest Target -18,6%
EPS Revisions
Managers and Directors
NameTitle
Rodney Cyril Sacks Chairman & Co-Chief Executive Officer
Hilton Hiller Schlosberg Vice Chairman & Co-Chief Executive Officer
Thomas J. Kelly CFO & Principal Accounting Officer
Gary P. Fayard Independent Director
Benjamin M. Polk Independent Director
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