Monster Beverage Corp. Reports 25% Gain In Q4 Profit

(RTTNews) - Monster Beverage Corp. (MNST) revealed earnings for its fourth quarter that gained ground from last year.

The company said its bottom line rose to $172.95 million, or $0.30 per share. This was up from $138.74 million, or $0.22 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.8% to $753.77 million. This was up from $645.43 million last year.

Monster Beverage Corp. earnings at a glance:

-Earnings (Q4): $172.95 Mln. vs. $138.74 Mln. last year. -Earnings Growth (Y-o-Y): 24.7% -EPS (Q4): $0.30 vs. $0.22 last year. -EPS Growth (Y-o-Y): 36.4% -Analysts Estimate: $0.30 -Revenue (Q4): $753.77 Mln vs. $645.43 Mln last year. -Revenue Change (Y-o-Y): 16.8%