Benzinga | Aug 4, 2020 04:17PM EDT

Monster Beverage Q2 EPS $0.59 Beats $0.48 Estimate, Sales $1.09B Beat $995.94M Estimate

Monster Beverage (NASDAQ:MNST) reported quarterly earnings of $0.59 per share which beat the analyst consensus estimate of $0.48 by 22.92 percent. This is a 11.32 percent increase over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $1.09 billion which beat the analyst consensus estimate of $995.94 million by 9.44 percent. This is a 1.27 percent decrease over sales of $1.10 billion the same period last year.