Monster Beverage: Fourth Quarter Earnings Overview

Monster Beverage Corp. Surpasses Q4 Earnings Expectations

Monster Beverage Corp., headquartered in Corona, California, announced a net profit of $449.2 million for the fourth quarter.

The company reported earnings of $0.46 per share, with adjusted earnings—excluding one-time expenses—coming in at $0.51 per share.

These figures exceeded analysts’ predictions, as the consensus among nine analysts surveyed by Zacks Investment Research was $0.49 per share.

Quarterly revenue reached $2.13 billion, outperforming the $2.05 billion forecasted by seven Zacks analysts.

For the full year, Monster Beverage recorded a net income of $1.91 billion, or $1.94 per share, on total revenue of $8.29 billion.

Report generated by Automated Insights using data from Zacks Investment Research.