Investing.com - Monster Beverage (NASDAQ:MNST) reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Monster Beverage announced earnings per share of $0.6 on revenue of $1.43B. Analysts polled by Investing.com anticipated EPS of $0.6085 on revenue of $1.33B.
Monster Beverage shares are down 16% from the beginning of the year and are trading at $82.10 , down-from-52-week-high.They are under-performing the Nasdaq which is down 13.88% from the start of the year.
Monster Beverage shares gained 2.18% in after-hours trade the report.
Monster Beverage follows other major Consumer Staples sector earnings this month
Monster Beverage's report follows an earnings beat by Walmart on Thursday, February 17, 2022, who reported EPS of $1.53 on revenue of $152.87B, compared to forecasts EPS of $1.5 on revenue of $151.72B.
Coca-Cola had beat expectations on Thursday, February 10, 2022 with fourth quarter EPS of $0.45 on revenue of $9.47B, compared to forecast for EPS of $0.4118 on revenue of $8.99B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar