Monster Beverage Corp. (MNST) reported first quarter net income of $0.37 per share after the close Wednesday, down from $0.41 per share a year ago. The consensus estimate was for EPS of $0.46. The stock is now down 3.22 on 193K shares.
Monster Beverage traded in a range for the majority of Wednesday's session and closed down by 0.18 at $56.97. The stock finished near the middle of a 1-month range.
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