Key Takeaways from Monster Beverage’s 1Q18 Earnings
Monster Beverage (MNST) delivered adjusted EPS (earnings per share) of $0.39 in 1Q18, which was in line with the consensus analyst estimate. Monster Beverage’s adjusted EPS grew about 22% on a year-over-year basis in 1Q18. Monster Beverage’s effective tax rate was 23.3% in 1Q18 compared to 32.8% in 1Q17.