3 Big Takeaways From Monster Beverage's 3rd Quarter
Energy-drink expert Monster Beverage (NASDAQ: MNST) reported third-quarter results last week. With 15% year-over-year earnings growth and 11% higher sales, the company edged out Wall Street's estimates across the board. The stock jumped as much as 8.6% higher the next day before calming down to a 2.7% gain at the ringing of the closing bell.
Those are the headline figures you'll see all over the place. Let's take a closer look at Monster's quarterly report and earnings call, where we're likely to find the real meat of this market-moving event. Going that extra mile helps you separate truly great companies from lesser wannabes.
Are you listening to what Monster's management is saying? Image source: Getty Images.
Source Fool.com
