Hansen Natural Corporation (HANS) earnings report second quarter 2011

Hansen Natural Corporation (HANS) earnings report second quarter 2011, Goldman Sachs outlook 2013, Hansen Natural stock prediction 2011 : Hansen Natural Corporation (HANS) is set to release its second quarter earnings for fiscal year 2011 on Thursday, August 4. The company manufactures a range of beverages including fruit juices, soft drinks, and energy drinks.

The company operates under various popular brands including Monster Energy, Hansen's Natural Soda, and Hansen's Energy. The monster Energy line of drink is the company's most successful product and brings in around 90 percent of revenues.

Q1 Highlights:

* Hansen Natural Corporation reported net sales for the quarter of $356.4 million, a year-over-year increase of 49.7 percent compared with $238.1 million. Gross sales for the period were $407.6 million, up 50.6 percent year-over-year.
* The company reported operating income of $88.45 million for the quarter, an increase of 74.2 percent year over year from $50.8 million.
* The company reported net income of $55 million, an increase of 69 percent year-over-year as against $32.6 million.
* Diluted EPD for the quarter was $0.59, up from $0.35 in the comparable year-ago quarter.

Hansen Natural Corporation is anticipated to report earnings in the range of $0.79 and $0.92 per share, with a consensus estimate of $0.84, and a coefficient variance of 4.51. Revenues this time around are expected to fall in the range of $418 million and $454 million, with a consensus of $436 million. In the same year-ago quarter, the company posted earnings of $0.69 per share on revenues of $366 million.

Goldman Sachs recently raised their earnings outlook for the company through to 2013 stating, "The increase to our estimates reflect better US sales as HANS has been posting stronger-than-expected sales growth in the US convenience store data (up 22% ytd) as well as a slightly lower cost outlook as key spot commodities have retreated off of their peaks." The company is expanding into Europe which is good for company growth, but this segment may see lower sales this quarter owing to less promotional spending.

HANS is currently trading at a price of $74.17. In the past 52 weeks, the stock has been trading in the range of $40.81 to $84.00. HANS has an average target price of $79.00, and analysts maintain an average rating of Overweight on the company's stock.