Monster Beverage Corp. Announces 10% Advance In Q3 Earnings

(RTTNews) - Monster Beverage Corp. (MNST) reported a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $191.64 million, or $0.99 per share. This was higher than $174.57 million, or $0.84 per share, in last year's third quarter.

The company said revenue for the quarter rose 4.1% to $787.95 million. This was up from $756.62 million last year.

Monster Beverage Corp. earnings at a glance:

-Earnings (Q3): $191.64 Mln. vs. $174.57 Mln. last year. -Earnings Growth (Y-o-Y): 9.8% -EPS (Q3): $0.99 vs. $0.84 last year. -EPS Growth (Y-o-Y): 17.9% -Revenue (Q3): $787.95 Mln vs. $756.62 Mln last year. -Revenue Change (Y-o-Y): 4.1%