Investing.com - Monster Beverage (NASDAQ:MNST) reported first quarter earnings that Beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.48 on revenue of $946M. Analysts polled by Investing.com expected EPS of $0.43 on revenue of $916.77M. That compared to EPS of $0.37 on revenue of $850.92M in the same period a year earlier. The company had reported EPS of $0.43 on revenue of $924.23M in the previous quarter.
Monster Beverage follows other major Consumer/Non-Cyclical sector earnings this month
On April 23, Procter&Gamble reported third quarter EPS of $1.06 on revenue of $16.46B, compared to forecasts of EPS of $1.03 on revenue of $16.36B.
Coca-Cola earnings Beat analysts' expectations on April 23, with first quarter EPS of $0.48 on revenue of $8.02B. Investing.com analysts expected EPS of $0.46 on revenue of $7.88B
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