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Monster Beverage: Q3 Earnings Snapshot
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CORONA, Calif. (AP) — CORONA, Calif. (AP) — Monster Beverage Corp. (MNST) on Thursday reported third-quarter profit of $568.4 million.

The Corona, California-based company said it had profit of 29 cents per share. Earnings, adjusted for non-recurring costs, were 30 cents per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share.

The energy drink maker posted revenue of $2.56 billion in the period, topping Street forecasts. Seven analysts surveyed by Zacks expected $2.48 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNST at https://www.zacks.com/ap/MNST

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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