CORRECTION: Mondelez International Q2 EPS $0.76 Beats $0.69 Estimate, Sales $8.51B Beat $8.21B Estimate
Portfolio Pulse from Bill Haddad
Mondelez International reported its Q2 earnings per share (EPS) at $0.76, surpassing the estimated $0.69. The company's sales also exceeded expectations, coming in at $8.51 billion against the estimated $8.21 billion.
July 27, 2023 | 8:42 pm
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POSITIVE IMPACT
Mondelez International's Q2 earnings and sales exceeded estimates, which could positively impact the company's stock in the short term.
Mondelez International reported better-than-expected Q2 earnings and sales. This positive financial performance could increase investor confidence and drive up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100