Investing.com - Mondelez (NASDAQ:MDLZ) reported first quarter earnings that Beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.65 on revenue of $6.54B. Analysts polled by Investing.com expected EPS of $0.61 on revenue of $6.55B. That compared to EPS of $0.62 on revenue of $6.77B in the same period a year earlier. The company had reported EPS of $0.68 on revenue of $6.77B in the previous quarter.
Mondelez shares gained 1.51% to trade at $51.62 in after-hours trade following the report.
Mondelez follows other major Consumer/Non-Cyclical sector earnings this month
On April 23, Procter&Gamble reported third quarter EPS of $1.06 on revenue of $16.46B, compared to forecasts of EPS of $1.03 on revenue of $16.36B.
Coca-Cola earnings Beat analysts' expectations on April 23, with first quarter EPS of $0.48 on revenue of $8.02B. Investing.com analysts expected EPS of $0.46 on revenue of $7.88B
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