Monster Beverage: Q3 Earnings Snapshot

CORONA, Calif. (AP) — CORONA, Calif. (AP) — Monster Beverage Corp. (MNST) on Thursday reported third-quarter profit of $568.4 million.

The Corona, California-based company said it had profit of 29 cents per share. Earnings, adjusted for non-recurring costs, were 30 cents per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share.

The energy drink maker posted revenue of $2.56 billion in the period, topping Street forecasts. Seven analysts surveyed by Zacks expected $2.48 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MNST at https://www.zacks.com/ap/MNST