Mondelez Beats Q3 Earnings On Higher Prices, Ups EPS View
November 05, 2014 at 16:34 PM EST
Mondelez’s third-quarter adjusted earnings of 50 cents per share beat the Zacks Consensus Estimate of 39 cents by 28%. Adjusted earnings increased 25% from the prior-year quarter driven by higher margins, improved organic growth, lower interest expenses and share count.