Investing.com - Monster Beverage reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Monster Beverage announced earnings per share of $0.60 on revenue of $1.62B. Analysts polled by Investing.com EPS of $0.60 on revenue of $1.66B.
Monster Beverage 's are down 12% and is trading at $96.00 , still down 8.74% from its 52 week high of $99.81 set on Friday, July 29, 2022.
Monster Beverage shares gained 5.39% to trade at $96.00 in after-hours trade the report.
Monster Beverage follows other major Consumer Staples sector earnings this month
Monster Beverage's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.6B, EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.1B, for EPS of $0.6388 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar