Celsius and Monster are both climbing ahead of their upcoming earnings reports
Celsius Holdings Inc (NASDAQ:CELH) will announce its fourth-quarter earnings report after the close on Thursday, Feb. 20. Investors are optimistic ahead of the event, with the shares up 12.5% to trade at $25.59 at last glance today, moving further from their recent Feb. 12 two-year low of $21.10. Year over year, the equity is down 59.6%.
Should Friday's session yield a gain, Celsius stock will have broken a post-earnings losing streak that has spanned three quarters. The options pits are pricing in a 19.7% swing, regardless of direction, after this earnings report, much larger than the 9.7% move the stock has averaged over the past two years.
Monster Beverage Corp (NASDAQ:MNST) reports fourth-quarter earnings before the open next Wednesday, Feb. 26. The stock has closed seven of the last eight sessions higher and is up 0.3% to trade at $51.20 today, but are testing their overhead 80-day moving average. Year over year, MNST is down 7.7%.
MNST has a mixed post-earnings history, gapping lower by 10.9% after its report in August but also adding 5.8% after its February 2024 report. The options pits are pricing in a 7.4% swing, regardless of direction, this time around, compared to the 4.6% move the stock has averaged over the past eight quarters.