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Monster Beverage Q2 Profit Tops Estimate

Monster Beverage Corp. (MNST: Quote) reported net income for the second quarter of $141.0 million or $0.81 per share, compared to $106.9 million or $0.62 per share for the year-ago quarter.

Net sales for the second quarter rose 8.9% to $687.2 million from $630.9 million in the same quarter a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.75 per share on revenue of $693.54 million for the second quarter.

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by RTT Staff Writer

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