Monster Beverage (MNST) Misses Q3 EPS by 9c

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Goldman Defends Monster Beverage (MNST)

November 8, 2012 1:44 PM EST

Yesterday Monster Beverage (Nasdaq: MNST) reported revenue that fell short of census, but Goldman believes its shortfall can be partially attributed to "transient factors", including distributor levels in Canada and FX.

"Nielsen data for underlying growth has proven right in... More