Mondelez Tops Third-Quarter Estimates – TheStreet

Mondelez International  (MDLZ) – Get Report reported adjusted earnings of 63 cents a share on revenue of $6.665 billion after the close Monday, topping analyst estimates.

The company had been expected to report earnings of 62 cents a share, on sales of $6.5 billion, based on a FactSet survey of 20 analysts.

In the same period a year ago, the company posted earnings of 64 cents a share on sales of $6.4 billion. 

Mondelez’s revenue was helped by a surge in the North American region of 12.9% during the quarter. Overall sales rose 4.9%

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