© Reuters Monster Beverage Q3 profit beat expectations, while revenue fell short of expectations.
Investing.com – Company Monster Drink (NASDAQ: )’s Q3 report beat analysts’ estimates with lower-than-expected earnings, according to data released Thursday.
Monster Beverage’s earnings per share (EPS) were $0.43 on revenue of $1.86B. Analyst consensus compiled by Investing.com had previously called for $0.40 per share on revenue of $1.87B for the upcoming release.
Shares of Monster Beverage fell 5.05% to $50.00. After the news of earnings report
Besides Monster Drink, there are other companies too. Markets report this month’s earnings in the consumer staples non-cyclical sector of the NASDAQ stock market
Procter&Gamble previously estimated Q1 earnings of $1.83 per share on revenue of $21.9B, versus $1.72 on revenue of $21.57B.
Meanwhile, Coca-Cola’s recent performance beat analyst forecasts. Q3 earnings came in at $0.74 per share on $12B in revenue, beating analyst estimates for 2020. Investing.com expects earnings per share to be around $0.7 based on revenue of $11.44B.
Follow the latest developments in company profits with the Investing.com Earnings Calendar
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