Monster Beverage: Q3 Earnings Snapshot
CORONA, Calif. (AP) _ Monster Beverage Corp. (MNST) on Thursday reported third-quarter profit of $322.4 million. The Corona, California-based compa...
November 9, 2022
6:28 AM
CORONA, Calif. (AP) _ Monster Beverage Corp. (MNST) on Thursday reported third-quarter profit of $322.4 million. The Corona, California-based company said it had profit of 60 cents per share. The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. The energy drink maker posted revenue of $1.62 billion in the period, which missed Street forecasts. Eight analysts surveyed by Zacks expected $1.65 billion.
Yoohyun Jung