Subtext

Monster Beverage Corporation MNST

SectorConsumer Staples
Transcripts53
Date range2012-05-09 – 2025-05-08
Calls charted53

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-7-4+0+4+72012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22012 Q1 · Overall: +0.62012 Q2 · Overall: -2.92012 Q3 · Overall: -1.52012 Q4 · Overall: +0.52013 Q1 · Overall: -3.82013 Q2 · Overall: -3.82013 Q3 · Overall: +0.82013 Q4 · Overall: +3.32014 Q1 · Overall: +3.42014 Q2 · Overall: +4.92014 Q3 · Overall: +0.72014 Q4 · Overall: +1.02015 Q1 · Overall: +3.72015 Q2 · Overall: +2.82015 Q3 · Overall: +2.32015 Q4 · Overall: +5.02016 Q1 · Overall: +3.32016 Q2 · Overall: +0.82016 Q3 · Overall: +2.32016 Q4 · Overall: +0.62017 Q1 · Overall: +1.92017 Q2 · Overall: -0.32017 Q3 · Overall: +2.82017 Q4 · Overall: +2.12018 Q1 · Overall: +1.82018 Q2 · Overall: +2.42018 Q3 · Overall: -0.32018 Q4 · Overall: +2.12019 Q1 · Overall: +2.92019 Q2 · Overall: +0.52019 Q3 · Overall: +2.72019 Q4 · Overall: +0.92020 Q1 · Overall: -4.22020 Q2 · Overall: -0.42020 Q3 · Overall: -0.82020 Q4 · Overall: +0.12021 Q1 · Overall: -2.42021 Q2 · Overall: -2.92021 Q3 · Overall: -4.52021 Q4 · Overall: +1.22022 Q1 · Overall: -5.82022 Q2 · Overall: -4.02022 Q3 · Overall: +2.62022 Q4 · Overall: +4.12023 Q1 · Overall: -0.92023 Q2 · Overall: -1.32023 Q3 · Overall: +4.62023 Q4 · Overall: +4.32024 Q1 · Overall: -3.62024 Q2 · Overall: +6.42024 Q3 · Overall: +2.22024 Q4 · Overall: +2.82025 Q1 · Overall: +5.8
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-144-72+0+72+1442012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22012 Q1 · CEO: +6.22012 Q2 · CEO: -1.42012 Q3 · CEO: +0.02012 Q4 · CEO: +0.92013 Q1 · CEO: -3.42013 Q2 · CEO: -2.62013 Q3 · CEO: +2.12013 Q4 · CEO: +4.52014 Q1 · CEO: +2.32014 Q2 · CEO: +6.02014 Q3 · CEO: +2.52014 Q4 · CEO: +3.92015 Q1 · CEO: +5.12015 Q3 · CEO: +4.82015 Q4 · CEO: +6.62016 Q1 · CEO: +4.72016 Q2 · CEO: +1.22016 Q3 · CEO: +3.72016 Q4 · CEO: +3.02017 Q1 · CEO: +1.82017 Q2 · CEO: +1.72017 Q3 · CEO: +5.72017 Q4 · CEO: +2.62018 Q1 · CEO: +2.12018 Q2 · CEO: +3.52018 Q3 · CEO: +0.92018 Q4 · CEO: +3.92019 Q1 · CEO: +10.32019 Q2 · CEO: +2.62019 Q4 · CEO: -2.42020 Q1 · CEO: -4.22020 Q2 · CEO: -3.22020 Q3 · CEO: -1.12020 Q4 · CEO: +7.42021 Q1 · CEO: +3.62021 Q2 · CEO: -1.52021 Q3 · CEO: -4.62021 Q4 · CEO: +1.62022 Q1 · CEO: -16.62022 Q2 · CEO: -3.52022 Q3 · CEO: +2.62022 Q4 · CEO: +0.02023 Q1 · CEO: +5.92023 Q2 · CEO: -1.52023 Q3 · CEO: +0.02023 Q4 · CEO: +2.62024 Q1 · CEO: +3.72024 Q2 · CEO: +38.22024 Q3 · CEO: +1.72024 Q4 · CEO: +1.12025 Q1 · CEO: +20.12012 Q4 · CFO: +0.02013 Q2 · CFO: -5.52014 Q1 · CFO: +125.02014 Q3 · CFO: -3.42014 Q4 · CFO: +2.72015 Q1 · CFO: -13.22019 Q4 · CFO: +11.92020 Q4 · CFO: +0.02021 Q1 · CFO: +0.02021 Q2 · CFO: +0.02021 Q3 · CFO: +0.02021 Q4 · CFO: +0.02022 Q1 · CFO: +11.52022 Q2 · CFO: +0.02022 Q3 · CFO: +0.02022 Q4 · CFO: +0.02023 Q1 · CFO: +0.02023 Q2 · CFO: +0.02023 Q3 · CFO: +0.02023 Q4 · CFO: -7.02024 Q1 · CFO: +0.02024 Q2 · CFO: +0.02024 Q3 · CFO: +0.02024 Q4 · CFO: +0.02025 Q1 · CFO: +0.0
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-35-17+0+17+352012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22012 Q1 · Prepared remarks: +30.32012 Q2 · Prepared remarks: +1.52012 Q3 · Prepared remarks: -0.72012 Q4 · Prepared remarks: -1.42013 Q1 · Prepared remarks: -7.22013 Q2 · Prepared remarks: -3.12013 Q3 · Prepared remarks: +2.02013 Q4 · Prepared remarks: +4.92014 Q1 · Prepared remarks: +1.62014 Q2 · Prepared remarks: +4.02014 Q3 · Prepared remarks: -0.32014 Q4 · Prepared remarks: +4.02015 Q1 · Prepared remarks: +1.92015 Q2 · Prepared remarks: +1.92015 Q3 · Prepared remarks: +4.52015 Q4 · Prepared remarks: +4.42016 Q1 · Prepared remarks: +3.62016 Q2 · Prepared remarks: +1.62016 Q3 · Prepared remarks: +2.52016 Q4 · Prepared remarks: +1.52017 Q1 · Prepared remarks: +1.12017 Q2 · Prepared remarks: +1.12017 Q3 · Prepared remarks: +4.42017 Q4 · Prepared remarks: +3.22018 Q1 · Prepared remarks: +1.62018 Q2 · Prepared remarks: +3.12018 Q3 · Prepared remarks: +1.02018 Q4 · Prepared remarks: +3.82019 Q2 · Prepared remarks: +0.32019 Q3 · Prepared remarks: -1.22019 Q4 · Prepared remarks: -5.62020 Q1 · Prepared remarks: -2.52020 Q2 · Prepared remarks: -5.12020 Q3 · Prepared remarks: -6.02020 Q4 · Prepared remarks: -1.22021 Q1 · Prepared remarks: -1.72021 Q2 · Prepared remarks: -3.02021 Q3 · Prepared remarks: -5.02021 Q4 · Prepared remarks: +0.22022 Q1 · Prepared remarks: +5.12022 Q2 · Prepared remarks: -3.02022 Q3 · Prepared remarks: +2.32022 Q4 · Prepared remarks: +1.42023 Q1 · Prepared remarks: -0.32023 Q2 · Prepared remarks: -1.02023 Q3 · Prepared remarks: +5.92023 Q4 · Prepared remarks: +2.62024 Q1 · Prepared remarks: +9.62024 Q2 · Prepared remarks: +3.82024 Q3 · Prepared remarks: -0.22024 Q4 · Prepared remarks: +0.72025 Q1 · Prepared remarks: +3.52012 Q1 · Q&A responses: +5.02012 Q2 · Q&A responses: -4.72012 Q3 · Q&A responses: +1.22012 Q4 · Q&A responses: +4.22013 Q1 · Q&A responses: +2.22013 Q2 · Q&A responses: -2.12013 Q3 · Q&A responses: -0.62013 Q4 · Q&A responses: +4.12014 Q1 · Q&A responses: +5.82014 Q2 · Q&A responses: +8.12014 Q3 · Q&A responses: +4.52014 Q4 · Q&A responses: +2.12015 Q1 · Q&A responses: +10.42015 Q2 · Q&A responses: +4.92015 Q3 · Q&A responses: +3.92015 Q4 · Q&A responses: +8.32016 Q1 · Q&A responses: +5.82016 Q2 · Q&A responses: +1.22016 Q3 · Q&A responses: +6.92016 Q4 · Q&A responses: +5.22017 Q1 · Q&A responses: +3.52017 Q2 · Q&A responses: +2.32017 Q3 · Q&A responses: +6.32017 Q4 · Q&A responses: +0.82018 Q1 · Q&A responses: +4.22018 Q2 · Q&A responses: +4.82018 Q3 · Q&A responses: -0.52018 Q4 · Q&A responses: +5.72019 Q1 · Q&A responses: +11.22019 Q2 · Q&A responses: +6.12019 Q3 · Q&A responses: +9.42019 Q4 · Q&A responses: +10.72020 Q1 · Q&A responses: -8.42020 Q2 · Q&A responses: +12.72020 Q3 · Q&A responses: +11.62020 Q4 · Q&A responses: +8.42021 Q1 · Q&A responses: +1.12021 Q2 · Q&A responses: +1.42021 Q3 · Q&A responses: -2.72021 Q4 · Q&A responses: +6.72022 Q1 · Q&A responses: -6.42022 Q2 · Q&A responses: -1.32022 Q3 · Q&A responses: +7.22022 Q4 · Q&A responses: +10.52023 Q1 · Q&A responses: +5.42023 Q2 · Q&A responses: +0.72023 Q3 · Q&A responses: +6.32023 Q4 · Q&A responses: +9.22024 Q1 · Q&A responses: +3.32024 Q2 · Q&A responses: +14.12024 Q3 · Q&A responses: +6.02024 Q4 · Q&A responses: +10.82025 Q1 · Q&A responses: +12.9
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$0.31$1.17$2.022012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22014 Q1: $0.432014 Q2: $0.462014 Q3: $0.492014 Q4: $0.532015 Q1: $0.592015 Q2: $0.612015 Q3: $0.632015 Q4: $0.652016 Q1: $0.672016 Q2: $0.722016 Q3: $0.762016 Q4: $0.752017 Q1: $0.772017 Q2: $0.802017 Q3: $0.832017 Q4: $0.852018 Q1: $0.922018 Q2: $0.922018 Q3: $0.962018 Q4: $0.992019 Q1: $1.052019 Q2: $1.102019 Q3: $1.102019 Q4: $1.122020 Q1: $1.182020 Q2: $1.122020 Q3: $1.242020 Q4: $1.312021 Q1: $1.392021 Q2: $1.412021 Q3: $1.462021 Q4: $1.472022 Q1: $1.472022 Q2: $1.482022 Q3: $1.452022 Q4: $1.502023 Q1: $1.572023 Q2: $1.672023 Q3: $1.732023 Q4: $1.822024 Q1: $1.882024 Q2: $1.912024 Q3: $1.86

Forward P/E

22.4831.5240.562012 Q12013 Q42015 Q32017 Q22019 Q12020 Q42022 Q32024 Q22014 Q1: 27.132014 Q2: 26.152014 Q3: 30.902014 Q4: 34.132015 Q1: 38.772015 Q2: 35.842015 Q3: 35.292015 Q4: 39.312016 Q1: 33.752016 Q2: 35.562016 Q3: 31.552016 Q4: 29.352017 Q1: 30.682017 Q2: 31.912017 Q3: 33.962017 Q4: 37.352018 Q1: 31.832018 Q2: 30.662018 Q3: 30.902018 Q4: 24.972019 Q1: 28.402019 Q2: 28.352019 Q3: 26.472019 Q4: 28.062020 Q1: 23.732020 Q2: 31.042020 Q3: 32.952020 Q4: 34.272021 Q1: 31.992021 Q2: 32.452021 Q3: 32.532021 Q4: 31.022022 Q1: 26.212022 Q2: 29.792022 Q3: 30.782022 Q4: 33.972023 Q1: 32.642023 Q2: 35.122023 Q3: 32.722023 Q4: 31.072024 Q1: 32.322024 Q2: 25.422024 Q3: 28.15

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q3 tone ↓ -4.3 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -2.5 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -2.2 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -2.7 fwd EPS ↑ +0.04 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q2 tone ↓ -2.4 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -5.1 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +3.8 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2021 Q1 tone ↓ -2.5 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↑ +6.6 fwd EPS ↓ -0.03 Tone rose while the forward EPS estimate was cut.
  • 2023 Q1 tone ↓ -5.0 fwd EPS ↑ +0.07 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -7.9 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q12025-05-08+5.8——View →
2024 Q42025-02-27+2.8——View →
2024 Q32024-11-07+2.2$1.8628.1View →
2024 Q22024-08-07+6.4$1.9125.4View →
2024 Q12024-05-02-3.6$1.8832.3View →
2023 Q42024-02-28+4.3$1.8231.1View →
2023 Q32023-11-02+4.6$1.7332.7View →
2023 Q22023-08-03-1.3$1.6735.1View →