Mondelez Analysts Boost Their Forecasts After Upbeat Earnings

Mondelez International, Inc. MDLZ reported better-than-expected second-quarter adjusted EPS results and raised its dividend on Tuesday.Mondelez International reported quarterly earnings of 86 cents per share which beat the analyst consensus estimate of 79 cents per share. The company reported quarterly sales of $8.343 billion which missed the analyst consensus estimate of$8.454 billion.Mondelēz raised its quarterly dividend by 11% from 42.5 cents to 47 cents per share.“We continued to execute against our s ...