** charts after earnings **
Monster Beverage beats by $0.03, beats on revs:
- Reports Q3 (Sep) earnings of $0.84 per share, $0.03 better than the Capital IQ Consensus of $0.81; revenues rose 19.0% year/year to $756.6 mln vs the $731.44 mln Capital IQ Consensus.
- Gross and net sales for the three-months ended September 30, 2015 were impacted by advance purchases made by customers due to a pre-announced price increase effective August 31, 2015 on certain Monster Energy brand energy drinks.
- Price target raised to $175 at UBS.
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