Monster Beverage Corp (MNST) is a company that produces energy drinks, natural soft drinks, and fruit drinks, and is best known for their popular Monster Energy drink and Hansen’s brand beverages. The company is headquartered in Corona, California.

Currently, Monster Beverage has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. We have highlighted some of the key statistics from this just announced report below.

Monster Beverage:

1. Beat earnings estimates. The company posted $0.84 EPS, surpassing our Zacks Consensus Estimate of $0.81.

2. Beat revenue estimates. The company saw revenue figures of $756 million, an increase of 19% from the same period last year, beating our estimate of $740 million.

3. Posted operating expenses of $174.0 million, an increase from $152.0 million in the same quarter last year.
 
4. Posted net income of $174.6 million, an increase of 43.6% from $121.6 million in the same quarter last year.

5. MNST was up $13.96, or 10.56%, to $146.20 as of 5:38 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph detailing Monster Beverage’s long-term EPS and growth rate:
 

Monster Beverage Corporation (MNST – Analyst Report) EPS & Growth Rate | FindTheCompany