Mondelez Earnings, Revenue Beat in Q1
2022.04.27 00:57
Mondelez Earnings, Revenue Beat in Q1
Investing.com – Mondelez (NASDAQ:MDLZ) reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Mondelez announced earnings per share of $0.84 on revenue of $7.76B. Analysts polled by Investing.com anticipated EPS of $0.7547 on revenue of $7.48B.
Mondelez shares are down 3.42% from the beginning of the year, still down 7.82% from its 52 week high of $69.47 set on January 21. They are outperforming the Nasdaq 100 which is down 20.28% from the start of the year.
Mondelez follows other major Consumer Staples sector earnings this month
Mondelez’s report follows an earnings beat by Procter&Gamble on April 20, who reported EPS of $1.33 on revenue of $19.38B, compared to forecasts EPS of $1.29 on revenue of $18.71B.
Coca-Cola had beat expectations on Monday with first quarter EPS of $0.64 on revenue of $10.49B, compared to forecast for EPS of $0.5792 on revenue of $9.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
