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 Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Mondelez announced earnings per share of $0.67 on revenue of $7.30B. Analysts polled by Investing.com anticipated EPS of $0.6651 on revenue of $7.15B.

Mondelez shares are down 2.33% from the beginning of the year and are trading at $57.96 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 2.43% from the start of the year.

Mondelez shares gained 1.49% 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 Wednesday, January 20, 2021, who reported EPS of $1.64 on revenue of $19.75B, compared to forecasts EPS of $1.51 on revenue of $19.27B.

Altria had missed expectations on Thursday with fourth quarter EPS of $0.99 on revenue of $5.06B, compared to forecast for EPS of $1.01 on revenue of $5B.

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

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