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Recap: Monster Beverage Q3 Earnings

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.
byBenzinga Insights
November 4, 2021
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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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

 
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