5 big analyst AI moves: Nvidia guidance warning; Snowflake, Palo Alto upgraded
Investing.com - Monster Beverage reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Monster Beverage announced earnings per share of $0.51 on revenue of $1.66B. Analysts polled by Investing.com EPS of $0.6987 on revenue of $1.61B.
Monster Beverage 's are down 11.74% and is trading at $91.00 , still down 3.50% from its 52 week high of $99.86 set on Tuesday, August 10, 2021.
Monster Beverage shares lost 5.56% to trade at $91.00 in after-hours trade the report.
Monster Beverage follows other major Consumer Staples sector earnings this month
Monster Beverage's report follows an earnings missed by Procter&Gamble on Friday, July 29, 2022, who reported EPS of $1.21 on revenue of $19.52B, EPS of $1.22 on revenue of $19.4B.
Nestle ADR had matched expectations on Thursday, July 28, 2022 with second quarter EPS of $2.18 on revenue of $24.41B, for EPS of $2.18 on revenue of $23.59B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar