Mondelez Earnings, Revenue beat In Q2

  • Investing.com
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Mondelez Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - Mondelez (NASDAQ: MDLZ ) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Mondelez announced earnings per share of $0.66 on revenue of $6.64B. Analysts polled by Investing.com anticipated EPS of $0.648 on revenue of $6.4B.

Mondelez shares are up 50% from the beginning of the year and are trading at $64.37 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 16.05% from the start of the year.

Mondelez shares lost 1.32% in after-hours trade the report.

Mondelez follows other major Consumer/Non-Cyclical sector earnings this month

Mondelez's report follows an earnings beat by Lamb Weston Holdings on Tuesday, who reported EPS of $0.44 on revenue of $1.01B, compared to forecasts EPS of $0.4223 on revenue of $923.62M.

Boston Beer had missed expectations on Thursday with second quarter EPS of $4.75 on revenue of $602.81M, compared to forecast for EPS of $6.6 on revenue of $657.65M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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