Monster beverage q1 earnings per share $0.52

Monster beverage reports 2020 first quarter financial results including an update on the impact of the covid-19 pandemic.q1 earnings per share $0.52.q1 earnings per share estimate $0.48 -- refinitiv ibes data.q1 net sales rise 12.3 percent to $1.06 billion.impact of covid-19 pandemic on net and gross sales for q1 was not material.april sales were materially adversely impacted by covid-19 pandemic.bottler/distributor sales of company's products to retail in united states were markedly less adversely impacted in april.seen a shift in consumer channel preferences and package configurations.seen increase in at-home consumption and a decrease in immediate consumption.does not foresee a material impact on ability of its co-packers to manufacture and its bottlers/distributors to distribute.is not experiencing raw material or finished product shortages in its supply chain.as of march 31, 2020, company had $701.8 million in cash and cash equivalents.does not expect covid-19 pandemic to have a material impact on its liquidity.q1 revenue view $999.1 million -- refinitiv ibes data.
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