28.02.2024 22:36:54 - dpa-AFX: Monster Beverage Corporation Reports Rise In Q4 Income, but misses estimates

WASHINGTON (dpa-AFX) - Monster Beverage Corporation (MNST) reported earnings
for its fourth quarter that increased from last year but missed the Street
estimates.

The company's earnings came in at $366.98 million, or $0.35 per share. This
compares with $301.67 million, or $0.29 per share, in last year's fourth
quarter.

Analysts on average had expected the company to earn $0.38 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 14.6% to $1.73 billion from $1.51
billion last year.

Monster Beverage Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $366.98 Mln. vs. $301.67 Mln. last year.
-EPS (Q4): $0.35 vs. $0.29 last year.
-Analyst Estimate: $0.38
-Revenue (Q4): $1.73 Bln vs. $1.51 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MONSTER BEVER.NEW DL-,005 A14U5Z Frankfurt 49,885 02.05.24 14:55:32 -0,495 -0,98% 49,930 50,300 49,745 50,380

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