© Reuters. Mondelez Earnings, Revenue Beat in Q4
Investing.com – Mondelez (NASDAQ:) reported on Thursday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
Mondelez announced earnings per share of $0.67 on revenue of $7.30B. Analysts polled by Investing.com anticipated EPS of $0.6651 on revenue of $7.15B.
Mondelez shares are down 2.33% from the beginning of the year, still down 4.75% from its 52 week high of $59.96 set on February 19, 2020. They are under-performing the which is up 2.43% from the start of the year.
Mondelez shares gained 1.49% in after-hours trade following the report.
Mondelez follows other major Consumer/Non-Cyclical sector earnings this month
Mondelez’s report follows an earnings beat by Procter&Gamble on January 20, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.
Altria had missed expectations on Thursday with fourth quarter EPS of $0.99 on revenue of $5.06B, compared to forecast for EPS of $1.01 on revenue of $5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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