Mondelez (MDLZ) Lags Q4 Earnings and Revenue Estimates

Mondelez (MDLZ) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.52%. A quarter ago, it was expected that this maker of Oreo cookies, Cadbury chocolate and Trident gum would post earnings of $0.85 per share when it actually produced earnings of $0.99, delivering a surprise of 16.47% ...