Monster Beverage Earnings, Revenue beat In Q2

  • Investing.com
  • Stock Market News
Monster Beverage Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - Monster Beverage (NASDAQ: MNST ) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Monster Beverage announced earnings per share of $0.75 on revenue of $1.46B. Analysts polled by Investing.com anticipated EPS of $0.678 on revenue of $1.39B.

Monster Beverage shares are up 30% from the beginning of the year and are trading at $94.10 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.92% from the start of the year.

Monster Beverage shares gained 2.25% in after-hours trade the report.

Monster Beverage follows other major Consumer Staples sector earnings this month

Monster Beverage's report follows an earnings matched by Nestle ADR on Thursday, July 29, 2021, who reported EPS of $2.3 on revenue of $22.81B, compared to forecasts EPS of $2.3 on revenue of $22.49B.

L’Oreal ADR had matched expectations on Thursday, July 29, 2021 with second quarter EPS of $1.02 on revenue of $8.99B, compared to forecast for EPS of $1.02 on revenue of $9B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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