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Monster Beverage Corp. Q3 Income Advances

Monster Beverage Corp. (MNST) released earnings for its third quarter that increased from last year.

The company's profit totaled $267.73 million, or $0.48 per share. This compares with $218.74 million, or $0.38 per share, in last year's third quarter.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.1% to $1.02 billion from $0.91 billion last year.

Monster Beverage Corp. earnings at a glance:

-Earnings (Q3): $267.73 Mln. vs. $218.74 Mln. last year.
-EPS (Q3): $0.48 vs. $0.38 last year.
-Analysts Estimate: $0.46
-Revenue (Q3): $1.02 Bln vs. $0.91 Bln last year.

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