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Investing.com - Monster Beverage reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Monster Beverage announced earnings per share of $0.65 on revenue of $1.25B. Analysts polled by Investing.com EPS of $0.63 on revenue of $1.23B.
Monster Beverage 's are up 31% and is trading at $83.56 , still down 4.01% from its 52 week high of $87.05 set on Wednesday, September 2, 2020.
Monster Beverage follows other major Consumer/Non-Cyclical sector earnings this month
Monster Beverage's report follows an earnings beat by Procter&Gamble on Tuesday, October 20, 2020, who reported EPS of $1.63 on revenue of $19.32B, EPS of $1.42 on revenue of $18.38B.
Coca-Cola had beat expectations on Thursday, October 22, 2020 with third quarter EPS of $0.55 on revenue of $8.7B, for EPS of $0.46 on revenue of $8.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar