Monster Beverage (NASDAQ:MNST) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Monster Beverage their estimated earnings by 5.97%, reporting an EPS of $0.63 versus an estimate of $0.67, which did not surprise analysts.
Revenue was up $165,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07, which was followed by a 5.46% increase in the share price the next day.
Here’s a look at Monster Beverage’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.68 | 0.61 | 0.62 | 0.63 |
| EPS Actual | 0.75 | 0.59 | 0.62 | 0.65 |
| Revenue Estimate | 1.39B | 1.22B | 1.13B | 1.23B |
| Revenue Actual | 1.46B | 1.24B | 1.20B | 1.25B |
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