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Investing.com - Monster Beverage reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Monster Beverage announced earnings per share of $0.59 on revenue of $1.09B. Analysts polled by Investing.com EPS of $0.48 on revenue of $1B.
Monster Beverage 's are up 22% and is trading at $81.50 , still down 0.83% from its 52 week high of $78.69 set on Monday, August 3, 2020.
Monster Beverage shares gained 4.43% to trade at $81.50 in after-hours trade the report.
Monster Beverage follows other major Consumer/Non-Cyclical sector earnings this month
Monster Beverage's report follows an earnings beat by Procter&Gamble on Thursday, who reported EPS of $1.16 on revenue of $17.7B, EPS of $1.01 on revenue of $16.95B.
Coca-Cola had beat expectations on Tuesday, July 21, 2020 with second quarter EPS of $0.42 on revenue of $7.2B, for EPS of $0.4 on revenue of $7.21B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar