Mondelez Int'l (MDLZ) Tops Q3 EPS by 9c, Offers Outlook

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Mondelēz International Reports Q3 Results

October 26, 2016 8:01 AM EDT

Diluted EPS was $0.35, down 92% due to prior years $7 billion gain related to the coffee business transactions; Adjusted EPS1 was $0.52, up 42% on a constant-currency basisOperating income margin was 11.0%, down 103 percentage points; Adjusted Operating Income1 margin expanded 220 basis points to 15.8%Net revenues decreased 6.6%; Organic Net Revenue1 grew 1.1%Returned more than $700 million in capital to shareholders during the quarter through share repurchases and cash dividends

            DEERFIELD, Ill., Oct. 26, 2016 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today reported its third quarter 2016... More