Monster Beverage Corp. Q2 Profit Advances

(RTTNews) - Monster Beverage Corp. (MNST) announced earnings for its second quarter that increased from the same period last year.

The company's profit totaled $270.12 million, or $0.48 per share. This compares with $222.63 million, or $0.39 per share, in last year's second quarter.

Analysts had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.1% to $1.02 billion from $0.91 billion last year.

Monster Beverage Corp. earnings at a glance:

-Earnings (Q2): $270.12 Mln. vs. $222.63 Mln. last year. -EPS (Q2): $0.48 vs. $0.39 last year. -Analysts Estimate: $0.47 -Revenue (Q2): $1.02 Bln vs. $0.91 Bln last year.