Mondelez International Q4 2023 Adj EPS $0.84 Beats $0.78 Estimate
Portfolio Pulse from Benzinga Newsdesk
Mondelez International (NASDAQ:MDLZ) reported Q4 2023 adjusted earnings per share (EPS) of $0.84, surpassing the analyst consensus estimate of $0.78 by 7.69%.
January 30, 2024 | 9:07 pm
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Mondelez International reported a Q4 2023 adjusted EPS of $0.84, exceeding the consensus estimate of $0.78 by 7.69%.
Beating EPS estimates typically has a positive impact on investor sentiment and can lead to a short-term increase in stock price. The beat was by a significant margin of 7.69%, which is likely to be viewed favorably by the market.
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