Mondelez Earnings, Revenue beat In Q4

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Mondelez Earnings, Revenue beat In Q4
Credit: © Reuters.

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

Mondelez announced earnings per share of $0.61 on revenue of $6.91B. Analysts polled by Investing.com anticipated EPS of $0.6 on revenue of $6.84B. That with comparison to EPS of $0.68 on revenue of $6.77B in the same period a year before.Mondelez had reported EPS of $0.68 on revenue of $6.36B in the previous quarter.Analysts are expecting EPS of $0.67 and revenue of $6.64B in the upcoming quarter.

Mondelez shares are down 0.96% from the beginning of the year and are trading at $55.01 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.88% year to date.

Mondelez shares gained 0.84% 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 Procter&Gamble on Thursday, January 23, 2020, who reported EPS of $1.42 on revenue of $18.24B, compared to forecasts EPS of $1.21 on revenue of $17,147M.

Kimberly-Clark had beat expectations on Thursday, January 23, 2020 with fourth quarter EPS of $1.71 on revenue of $4.58B, compared to forecast for EPS of $1.7 on revenue of $4.54B.

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

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