Monster Beverage: Q4 Earnings Snapshot
CORONA, Calif. (AP) — CORONA, Calif. (AP) — Monster Beverage Corp. (MNST) on Tuesday reported fourth-quarter profit of $301.7 million. The Corona, ...
CORONA, Calif. (AP) — CORONA, Calif. (AP) — Monster Beverage Corp. (MNST) on Tuesday reported fourth-quarter profit of $301.7 million. The Corona, California-based company said it had net income of 57 cents per share. The results did not meet Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share. The energy drink maker posted revenue of $1.51 billion in the period, also missing Street forecasts. Eight analysts surveyed by Zacks expected $1.