Monster Beverage (MNST) Misses Q4 EPS by 6c, Declares Two-for-One Stock Split

Monster Beverage (NASDAQ: MNST) reported Q4 EPS of $0.57, $0.06 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.6 billion.

Stock Split

The Company today announced that its Board of Directors has approved and declared a 2-for-1 split of its common stock that will be effected in the form of a 100% stock dividend. Each stockholder of record on March 13, 2023 will receive a dividend of one additional share of common stock for each then-held share, to be distributed after close of trading on March 27, 2023. The Company anticipates its common stock to begin trading at the split-adjusted price on March 28, 2023.

For earnings history and earnings-related data on Monster Beverage (MNST) click here.

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