Mondelez Earnings Exceed Estimates by $0.07, Revenue Disappoints

Mondelez reported a second-quarter earnings per share (EPS) of $0.86, surpassing analyst estimates by $0.07, which anticipated $0.79. The company’s revenue for the quarter amounted to $8.34 billion, slightly below the consensus estimate of $8.45 billion.

The stock price for Mondelez closed at $67.02, reflecting a decline of 4.11% over the past three months and a decrease of 9.59% over the last year. In the past 90 days, there have been seven positive revisions and five negative revisions to the EPS.

According to financial assessments, Mondelez’s financial health is regarded as performing well.

For continual updates on upcoming earnings reports, interested parties can refer to financial calendars.