Investing.com – Monster Beverage (NASDAQ:) reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Monster Beverage announced earnings per share of $0.62 on revenue of $1.20B. Analysts polled by Investing.com anticipated EPS of $0.5485 on revenue of $1.13B.
Monster Beverage shares are down 7% from the beginning of the year, still down 10.25% from its 52 week high of $95.06 set on January 8. They are under-performing the S&P 500 which is up 1.97% from the start of the year.
Monster Beverage follows other major Consumer/Non-Cyclical sector earnings this month
Monster Beverage’s report follows an earnings beat by Coca-Cola on February 10, who reported EPS of $0.47 on revenue of $8.6B, compared to forecasts EPS of $0.4184 on revenue of $8.6B.
PepsiCo had beat expectations on February 11 with fourth quarter EPS of $1.47 on revenue of $22.46B, compared to forecast for EPS of $1.46 on revenue of $21.8B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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