Investing.com – Mondelez (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.
Mondelez announced earnings per share of $0.74 on revenue of $7.76B. Analysts polled by Investing.com anticipated EPS of $0.69 on revenue of $7.41B.
Mondelez shares are down 58% from the beginning of the year, still down 10.94% from its 52 week high of $69.47 set on January 21.
Mondelez shares gained 2.31% in after-hours trade following the report.
Mondelez follows other major Consumer Staples sector earnings this month
Mondelez’s report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Story Credit: investing.com