Mondelez Earnings Beat Expectations at $0.14, Profits Surge Higher Than Anticipated
According to Mondelez's (NASDAQ: MDLZ) report, the earnings per share for the third quarter was $0.99, exceeding analysts' expectations of $0.85 by $0.14. The reported revenue for this quarter was $9.2B, while analyst expectations were $9.11B.
Mondelez shares closed the day at $69.15, indicating a -2.16% decline over the past three months. However, the stock has appreciated by 4.80% over the last 12 months. In the past 90 days, Mondelez saw 3 positive earnings per share reports and 12 negative earnings per share reports.
Check here how Mondelez's stock price responded to past earnings reports. According to InvestingPro, Mondelez's financial health score is "Fairly Good."
Explore the latest earnings reports and all financial information about Mondelez here. Stay updated on all developments regarding financial statements by visiting the Investing.com Earnings Calendar.