Monster Beverage Reports 2019 Third Quarter Financial Results
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Monster Beverage (MNST) Tops Q3 EPS by 1c; $500M Buyback
November 7, 2019 4:20 PM ESTMonster Beverage (NASDAQ: MNST) reported Q3 EPS of $0.55, $0.01 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.11 billion.
On November 6, 2019, the Companys Board of Directors authorized a new repurchase program for the repurchase of up to an additional $500.0 million of the Companys outstanding common stock. The Company expects to make the share repurchases from time to time in the open market or through... More
