Monster Beverage (MNST) Misses Q3 Earnings and Revenue Estimates
Portfolio Pulse from
Monster Beverage (MNST) reported Q3 earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.42. This is a slight decrease from $0.41 per share a year ago.
November 08, 2024 | 12:00 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Monster Beverage reported Q3 earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.42. This slight miss may impact investor sentiment negatively in the short term.
The earnings miss, although slight, is below analyst expectations, which can lead to a negative short-term reaction in the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100