Investing.com - Mondelez reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Mondelez announced earnings per share of $0.67 on revenue of $7.27M. Analysts polled by Investing.com EPS of $0.6412 on revenue of $6.8B.
Mondelez 's are down 2% and is trading at $63.43 , still down 9.40% from its 52 week high of $69.47 set on Friday, January 21, 2022.
Mondelez shares gained 0.78% to trade at $63.43 in after-hours trade the report.
Mondelez follows other major Consumer Staples sector earnings this month
Mondelez's report follows an earnings beat by Coca-Cola on Tuesday, who reported EPS of $0.7 on revenue of $11.33B, EPS of $0.6693 on revenue of $10.54B.
PepsiCo had beat expectations on Tuesday, July 12, 2022 with second quarter EPS of $1.86 on revenue of $20.23B, for EPS of $1.74 on revenue of $19.51B.
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