Based in Corona, California, the Monster Beverage Corporation (MNST - Analyst Report) is a marketer and distributor of energy drinks and alternative beverages. Thanks to a growing energy drink market and major sales growth, MNST has been one of the fastest growing companies in the non-alcoholic beverage industry, and has seen the company’s stock price more than double in the last year.

Despite health-risk claims against energy drinks and a decline in the sales of traditional carbonated beverages, MNST has been able to enjoy great success in the recent past, even with other companies such as Coca-Cola (KO - Analyst Report) and Pepsi (PEP - Analyst Report) deal with declining sales and popularity in their iconic sodas.

Investor anticipation has been growing in the time leading up to the company’s second quarter earnings report, with high levels of interest coming about in regards to how MNST’s recently closed deal with Coca-Cola with affect MNST’s earnings. Expectations have remained high for MNST, as the company has beaten earnings in 3 of its last 4 quarters.
 
MNST is currently a Zacks Rank #2 (Buy), but that ranking could be on the move after the results of its latest earnings report. Below are several key highlights that have been taken from this recently released report:
 
Earnings: Monster was unable to reach the Zacks Consensus EPS Estimate of $0.90. MNST reported an actual EPS of $0.79 for the quarter.  (These figures take out stock option expenses)
 
Revenue: MNST also missed on revenue estimates. The Zacks Consensus Estimate for revenue was $752.9 million, and MNST reported actual revenue of only $693.7 million.  
 
Key Stat to Note: Operating expenses for the quarter excluding distributor termination costs and transaction expenses were $166.1 million, higher than $161.9 million for the same quarter last year.
 
Stock Price: MNST was down 5.93% to $144.87 for the day as of market close, and fell another 6.12%, or $8.87, to $136.00 in after hours trading as of 4:40 PM ET.