03.08.2023 22:24:45 - dpa-AFX: Monster Beverage Corporation Q2 income increases in line with estimates

WASHINGTON (dpa-AFX) - Monster Beverage Corporation (MNST) reported earnings
for its second quarter that increased from the same period last year in line
with the Street estimates.

The company's earnings came in at $413.87 million, or $0.39 per share. This
compares with $273.36 million, or $0.26 per share, in last year's second
quarter.

Analysts on average had expected the company to earn $0.39 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 11.4% to $1.85 billion from $1.66
billion last year.

Monster Beverage Corporation earnings at a glance (GAAP) :

-Earnings (Q2): $413.87 Mln. vs. $273.36 Mln. last year.
-EPS (Q2): $0.39 vs. $0.26 last year.
-Analyst Estimate: $0.39
-Revenue (Q2): $1.85 Bln vs. $1.66 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 49,580 17.05.24 08:20:01 -0,600 -1,20% 0,000 0,000 49,580 49,580

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