Mondelez reported second quarter earnings that matched analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.57 on revenue of $6.06B. Analysts polled by anticipated EPS of $0.57 on revenue of $6.03B. That compared to EPS of $0.55 on revenue of $6.11B in the same period a year earlier. The company had reported EPS of $0.65 on revenue of $6.54B in the previous quarter.
Mondelez shares gained 4.00% to trade at $57.00 in after-hours trade following the report.
Mondelez follows other major Consumer/Non-Cyclical sector earnings this month
On Tuesday, Procter&Gamble reported fourth quarter EPS of $1.1 on revenue of $17.09B, compared to forecasts of EPS of $1.05 on revenue of $16.86B.
Coca-Cola earnings beat analysts' expectations on July 23, with second quarter EPS of $0.63 on revenue of $10B. analysts expected EPS of $0.61 on revenue of $9.88B
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