Monster Beverage: Q2 Earnings Insights

Monster Beverage: Q2 Earnings Insights

Monster Beverage MNST reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Monster Beverage missed estimated earnings by 27.14%, reporting an EPS of $0.51 versus an estimate of $0.7.

Revenue was up $193.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.06 which was followed by a 4.37% increase in the share price the next day.

Here's a look at Monster Beverage's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.61 0.61 0.67 0.68
EPS Actual 0.55 0.60 0.63 0.75
Revenue Estimate 1.43B 1.33B 1.40B 1.39B
Revenue Actual 1.52B 1.43B 1.41B 1.46B

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.61 0.61 0.67 0.68
EPS Actual 0.55 0.60 0.63 0.75
Revenue Estimate 1.43B 1.33B 1.40B 1.39B
Revenue Actual 1.52B 1.43B 1.41B 1.46B

To track all earnings releases for Monster Beverage visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings