Mondelez Int'l (MDLZ) Tops Q3 EPS by 3c

Mondelez Int'l (NASDAQ: MDLZ) reported Q3 EPS of $0.57, $0.03 better than the analyst estimate of $0.54. Revenue for the quarter came in at $6.53 billion versus the consensus estimate of $6.45 billion.

For 2017, the company now expects Organic Net Revenue growth to be approximately 1 percent given the larger than expected impact from the malware incident. The company still expects Adjusted Operating Income margin in the mid-16 percent range and double-digit Adjusted EPS growth on a constant-currency basis. The company estimates full year currency translation would not result in a change to net revenue growth or Adjusted EPS3. In addition, the company still expects Free Cash Flow1 of approximately $2 billion.

For earnings history and earnings-related data on Mondelez Int'l (MDLZ) click here.

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