Monster Beverage Earnings inline, Revenue Beats In Q4

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEC0L0PD_M.jpg
© Reuters. Monster Beverage Earnings inline, Revenue Beats In Q4© Reuters. Monster Beverage Earnings inline, Revenue Beats In Q4

Investing.com – Monster Beverage (NASDAQ:) reported on Thursday fourth quarter that matched analysts’ forecasts and revenue that topped expectations.

Monster Beverage announced earnings per share of $0.47 on revenue of $1.02B. Analysts polled by Investing.com anticipated EPS of $0.47 on revenue of $1B. That with comparison to EPS of $0.43 on revenue of $924.23M in the same period a year before. Monster Beverage had reported EPS of $0.55 on revenue of $1.13B in the previous quarter. Analysts are expecting EPS of $0.5 and revenue of $1.03B in the upcoming quarter.

Monster Beverage shares are down 0% from the beginning of the year , still down 9.94% from its 52 week high of $70.52 set on February 19. They are outperforming the which is down 4.15% year to date.

Monster Beverage follows other major Consumer/Non-Cyclical sector earnings this month

Monster Beverage’s report follows an earnings matched by Coca-Cola on January 30, who reported EPS of $0.44 on revenue of $9.1B, compared to forecasts EPS of $0.44 on revenue of $8.88B.

PepsiCo had beat expectations on February 13 with fourth quarter EPS of $1.45 on revenue of $20.64B, compared to forecast for EPS of $1.44 on revenue of $20.25B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.