Mondelez International

Consumer Goods | Confectioners | USA
Mondelez (MDLZ) Q4 Earnings Meet Estimates

Mondelez (MDLZ) came out with quarterly earnings of $0.63 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.

A quarter ago, it was expected that this maker of Oreo cookies, Cadbury chocolate and Trident gum would post earnings of $0.61 per share when it actually produced earnings of $0.62, delivering a surprise of 1.64%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Mondelez, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $6.77 billion for the quarter ended December 2018, surpassing the Zacks Consensus Estimate by 0.23%. This compares to year-ago revenues of $6.97 billion. The company has topped consensus revenue estimates three times over the last four quarters.

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