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via finance.yahoo.comBusiness & Companies

Monster Q3 earnings: revenue beats, margins slip

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Monster Beverage Corp (MNST) is trading at $46.55 (-2.68%) as of Nov 6, 12:50 PM EST. Its market cap is about $90.6B. The Q3 print (Nov 5) beat on sales and matched on EPS, but the market focused on costs. The stock also fell on a day when the S&P 500 and Nasdaq…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe stock fell while the index rose, with the market focused on costs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q3 revenue was $2.56B versus $2.49B expected.
  2. 02EPS of $0.30 was in line with estimates.
  3. 03Gross margin fell to 54.7% from 55.7% a year earlier.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Monster Beverage CorporationMNSTStock46.09 USD-0.66%today -3.63%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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