Monster Beverage Corporation MNST reported second-quarter 2015 results. The quarter marked a major transition period for Monster Beverage. With the closure of its deal with The Coca-Cola Company KO in June, the company has straightened out its new set of distribution rights and restructured its operating segments. Per its deal with The Coca-Cola Company, which closed on Jun 12, Coca-Cola transferred ownership of its worldwide energy business to Monster, whereas Monster transferred its non-energy business to Coca-Cola. Second-Quarter 2015 Details Monster Beverage’s second-quarter 2015 adjusted earnings of 79 cents per share missed the Zacks Consensus Estimate of 90 cents by 12.2%. Earnings also decreased 3.7% year over year, owing to weak revenues, higher tax rates and an increase in diluted shares outstanding. On Jun 12, 2015, Monster Beverage closed its deal with The Coca-Cola Company under which the latter acquired a 16.7% stake in Monster. Second-quarter 2015 adjusted results exclude distributor termination costs and transaction expenses, related to the Coca-Cola Deal and gain realized on the sale of the non-energy business. Monster Beverage Corporation - Earnings Surprise | FindTheBest Revenues Monster Beverage’s second-quarter 2015 net sales of $693.7 million lagged the Zacks Consensus... More