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Monster Beverage (MNST) Stock Gains in After-Hours Trading on Q2 Revenue

NEW YORK (TheStreet) -- Shares of Monster Beverage (MNST) were advancing in after-hours trading on Thursday after the company reported better-than-expected revenue for the 2016 second quarter.

After today's market close, the Corona, CA-based energy drinks maker posted revenue of $827.5 million, higher than analysts' estimates of $804.2 million.

Earnings of 99 cents per share missed analysts' expectations of $1.03 per share.

"The continued strength of the U.S. dollar, distributor transitions and uncertainties with certain of our international...