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Monster Stock Climbs After Q3 Earnings Beat: Details
Benzingaยท 2025-11-06 23:03
Core Insights - Monster Beverage Corp. reported third-quarter earnings that exceeded analyst expectations, with earnings per share of 56 cents compared to the consensus estimate of 48 cents [2][4] - The company's quarterly revenue reached $2.19 billion, surpassing the analyst consensus estimate of $2.1 billion and showing a significant increase from $1.88 billion in the same period last year [2][3] Financial Performance - Net sales for the Monster Energy Drinks segment increased by 17.7% to $2.03 billion in the third quarter of 2025, up from $1.72 billion in the third quarter of 2024 [3] - The company achieved record net sales, gross profit dollars, operating income, and net income during the third quarter of 2025 [4] Market Reaction - Following the earnings report, Monster Beverage's stock price rose by 4.51%, reaching $69.30 in extended trading [4]