Mondelez International Q2 2024 Adj. EPS $0.86 Beats $0.79 Estimate, Sales $8.343B Miss $8.454B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mondelez International (NASDAQ:MDLZ) reported Q2 2024 adjusted EPS of $0.86, beating the estimate of $0.79. However, sales of $8.343 billion missed the $8.454 billion estimate and decreased by 1.93% year-over-year.
July 30, 2024 | 8:07 pm
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Mondelez International reported Q2 2024 EPS of $0.86, beating estimates, but sales of $8.343 billion missed expectations and decreased year-over-year.
While the EPS beat is positive, the sales miss and year-over-year decline may offset the positive sentiment, leading to a neutral short-term impact on the stock price.
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