Mondelez International Q2 EPS $0.76 Beats $0.69 Estimate, Sales $8.51B Beat $8.21B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mondelez International reported Q2 earnings of $0.76 per share, beating the analyst consensus estimate of $0.62 by 22.58%. The company also reported quarterly sales of $8.51 billion, surpassing the analyst consensus estimate of $7.42 billion by 14.65%. Both earnings and sales have increased compared to the same period last year.
July 27, 2023 | 8:07 pm
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POSITIVE IMPACT
Mondelez International's Q2 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
Mondelez International reported better than expected Q2 earnings and sales, which is likely to have a positive impact on its stock price in the short term. The company's financial performance has improved compared to the same period last year, which could increase investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100