Monster Beverage Reports 2016 Third Quarter Financial Results

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Monster Beverage (MNST) Misses Q3 EPS by 13c

November 3, 2016 4:11 PM EDT

Monster Beverage (NASDAQ: MNST) reported Q3 EPS of $0.99, $0.13 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $788 million versus the consensus estimate of $819.9 million.

Rodney C. Sacks, Chairman and Chief Executive Officer, said: We are pleased to report continued progress on the implementation of our strategic... More