Advertisement
Singapore markets closed
  • Straits Times Index

    3,290.70
    +24.75 (+0.76%)
     
  • Nikkei

    38,229.11
    +155.13 (+0.41%)
     
  • Hang Seng

    18,963.68
    +425.87 (+2.30%)
     
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • Bitcoin USD

    60,866.07
    -1,981.66 (-3.15%)
     
  • CMC Crypto 200

    1,261.65
    -96.36 (-7.10%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • Dow

    39,512.84
    +125.08 (+0.32%)
     
  • Nasdaq

    16,340.87
    -5.40 (-0.03%)
     
  • Gold

    2,366.90
    +26.60 (+1.14%)
     
  • Crude Oil

    78.20
    -1.06 (-1.34%)
     
  • 10-Yr Bond

    4.5040
    +0.0550 (+1.24%)
     
  • FTSE Bursa Malaysia

    1,600.67
    -0.55 (-0.03%)
     
  • Jakarta Composite Index

    7,088.79
    -34.81 (-0.49%)
     
  • PSE Index

    6,511.93
    -30.53 (-0.47%)
     

Mondelez: 2Q Earnings Snapshot

DEERFIELD, Ill. (AP) _ Mondelez International Inc. (MDLZ) on Tuesday reported second-quarter earnings of $807 million.

On a per-share basis, the Deerfield, Illinois-based company said it had profit of 55 cents. Earnings, adjusted for non-recurring costs, came to 57 cents per share.

The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 57 cents per share.

The maker of Oreo cookies, Cadbury chocolate and Trident gum posted revenue of $6.06 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $5.97 billion.

ADVERTISEMENT

Mondelez shares have risen 37% since the beginning of the year, while the Standard & Poor's 500 index has increased 20%. In the final minutes of trading on Tuesday, shares hit $54.81, a rise of 27% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDLZ at https://www.zacks.com/ap/MDLZ