Monster Beverage Q3 Earnings & Sales Miss on Soft Energy Drink Segment

Monster Beverage Corporation (MNST) delivered third-quarter 2024 results, wherein the top and bottom lines lagged the Zacks Consensus Estimate. While the bottom line declined year over year, the top line improved. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Monster Beverage's adjusted earnings of 40 cents per share missed the Zacks Consensus Estimate of 42 cents per share. The figure also declined 2.4% from 41 cents in the prior-year quarter. Net sales of $1.88 billion grew 1.3 ...