Monster Beverage's Earnings Fall Short With $0.03, Profit Also Below Expectations
Monster Beverage (NASDAQ: MNST) reported a third-quarter earnings per share of $0.40, which is $0.03 below analysts’ expectations of $0.43. The reported revenue for this quarter was $1.88 billion, while analyst expectations were $1.91 billion.
Monster Beverage shares closed the day at $54.73, reflecting an 18.82% increase over the past three months. However, the stock has decreased by 1.67% over the last 12 months. Over the past 90 days, Monster Beverage saw 0 positive earnings per share and 17 negative earnings per share.
According to InvestingPro, Monster Beverage has a financial health score of "Good performance." You can explore the latest earnings reports and all financial information of Monster Beverage here. Stay informed about all developments related to balance sheets by visiting the Investing.com Earnings Calendar.