Investing.com - Mondelez (NASDAQ:MDLZ) reported on Monday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Mondelez announced earnings per share of $0.63 on revenue of $6.67B. Analysts polled by Investing.com anticipated EPS of $0.63 on revenue of $6.49B.
Mondelez shares are down 1.29% from the beginning of the year and are trading at $55.30 , down-from-52-week-high.They are under-performing the Nasdaq which is up 22.12% from the start of the year.
Mondelez shares gained 1.71% in after-hours trade following the report.
Mondelez follows other major Consumer/Non-Cyclical sector earnings this month
Mondelez's report follows an earnings beat by Procter&Gamble on Tuesday, October 20, 2020, who reported EPS of $1.63 on revenue of $19.32B, compared to forecasts EPS of $1.42 on revenue of $18.38B.
Coca-Cola had beat expectations on Thursday, October 22, 2020 with third quarter EPS of $0.55 on revenue of $8.7B, compared to forecast for EPS of $0.46 on revenue of $8.36B.
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