Investing.com - Mondelez reported third quarter earnings that beat analyst's expectations on Monday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.62 on revenue of $6.3B. Analysts polled by Investing.com forecast EPS of $0.6 on revenue of $6.32B. That compared to EPS of $0.57 on revenue of $6.53B in the same period a year earlier. The company had reported EPS of $0.55 on revenue of $6.11B in the previous quarter.
For the year, Mondelez shares are down 6.29%, under-performing the S&P 500 which is down 1.52% year to date.
Mondelez follows other major Consumer/Non-Cyclical sector earnings this month
On October 19, Procter&Gamble (NYSE:PG) reported first quarter EPS of $1.12 on revenue of $16.69B, compared to forecasts of EPS of $1.09 on revenue of $16.45B.
PepsiCo (NASDAQ:PEP) earnings beat analyst's expectations on October 2, with third quarter EPS of $1.59 on revenue of $16.49B. Investing.com analysts expected EPS of $1.57 on revenue of $16.37B
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