With a market cap of $48.1 billion, Monster Beverage Corporation (MNST) is a leading global energy drink company headquartered in Corona, California. Originally founded in 1935 as Hansen's Natural Company, it rebranded to Monster Beverage in 2012 to reflect its focus on energy drinks. The company offers a diverse portfolio of energy beverages, including Monster Energy, Reign, Java Monster, and Burn, among others.
The beverage giant is all set to unveil its Q1 earnings results on Tuesday, May 1. Ahead of the event, analysts expect MNST to report a profit of $0.46 per share, up 9.5% from $0.42 per share in the year-ago quarter. However, the company has failed to surpass Wall Street’s bottom-line estimates in all four of the past quarters.
