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Energy drink maker $MNST reported drop in 2Q16 earnings due to last year's gain on sale of Monster Non-Energy, acceleration of deferred revenue, and distributor termination costs. Net income fell to $184.22MM or $0.90 per share from $229MM or $1.26 per share last year. Net sales grew to $827.49MM from $693.72MM. Adjusted EPS grew 25.3% to $0.99.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.