Plus   Neg

Monster Beverage Corporation Q1 Income Rises

Monster Beverage Corporation (MNST) released earnings for its first quarter that rose from the same period last year.

The company's profit came in at $278.84 million, or $0.52 per share. This compares with $261.48 million, or $0.48 per share, in last year's first quarter.

Analysts had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.6% to $1.06 billion from $0.95 billion last year.

Monster Beverage Corporation earnings at a glance:

-Earnings (Q1): $278.84 Mln. vs. $261.48 Mln. last year.
-EPS (Q1): $0.52 vs. $0.48 last year.
-Analysts Estimate: $0.48
-Revenue (Q1): $1.06 Bln vs. $0.95 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT