Mondelez International-Mondelez (MDLZ) Surpasses Q3 Earnings and Revenue Estimates

Mondelez (MDLZ) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of$ 0.85 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.47%. A quarter ago, it was expected that this maker of Oreo cookies, Cadbury chocolate and Trident gum would post earnings of$ 0.78 per share when it actually produced earnings of $0.86, delivering a surprise of 10.26% ...