Monster Beverage Corporation (MNST), valued at a market cap of $56.3 billion, is a global leader in the energy drink industry, known for its diverse portfolio of energy drinks and beverages. The California-based company is set to announce its fiscal Q3 earnings results on Thursday, November 7.
Ahead of the event, analysts expect MNST to report a profit of $0.42 per share, up 2.4% from $0.41 per share in the year-ago quarter. In the last four quarters, the company has failed to surpass Wall Street’s bottom-line estimates in three and exceeded on one occasion.
