Monster Beverage Q3 2023 EPS $0.43 Beats $0.40 Estimate, Revenue $1.86B
Portfolio Pulse from Benzinga Newsdesk
Monster Beverage has reported its Q3 2023 earnings per share (EPS) at $0.43, surpassing the estimate of $0.40. The company's revenue for the quarter was $1.86 billion.
November 02, 2023 | 8:20 pm
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POSITIVE IMPACT
Monster Beverage's Q3 2023 earnings exceeded expectations, which could positively impact the company's stock.
Earnings reports are a significant factor in a company's stock performance. Monster Beverage's better-than-expected Q3 2023 earnings could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100