Investing.com - Monster Beverage (NASDAQ:MNST) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.43 on revenue of $924.2M. Analysts polled by Investing.com expected EPS of $0.4 on revenue of $898.72M. That compared to EPS of $0.33 on revenue of $810.35M in the same period a year earlier. The company had reported EPS of $0.51 on revenue of $1.02B in the previous quarter.
Monster Beverage shares gained 5.55% to trade at $62.00 in after-hours trade following the report.
Monster Beverage follows other major Consumer/Non-Cyclical sector earnings this month
On February 14, Coca-Cola reported fourth quarter EPS of $0.43 on revenue of $7.1B, compared to forecasts of EPS of $0.43 on revenue of $7.07B.
PepsiCo earnings matched analyst's expectations on February 15, with fourth quarter EPS of $1.49 on revenue of $19.52B. Investing.com analysts expected EPS of $1.49 on revenue of $19.51B
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