💨 Abstract

Monster Beverage Corp. reported first-quarter earnings of $443 million, or 45 cents per share, beating analysts' expectations of 46 cents per share. Adjusted earnings were 47 cents per share. However, revenue of $1.85 billion missed forecasts of $1.98 billion. The energy drink maker's results surpassed earnings expectations but fell short on revenue.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖