Monster Beverage reports Q2 EPS 39c, consensus 39c

Reports Q2 revenue $1.85B, consensus $1.87B. Hilton H. Schlosberg, Vice Chairman and Co-Chief Executive Officer, said, “We are seeing sustained growth in the energy drink market in the United States, as well as internationally. We are pleased to report another quarter of continued revenue growth, with record sales for our second fiscal quarter. The quarter was again impacted by unfavorable foreign currency exchange rates.”