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

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Mondelēz International Reports Q3 Results

October 30, 2017 4:00 PM EDT

Net revenues increased 2.1%; Organic Net Revenue1 increased 2.8%Operating income margin was 18.1%, up 710 basis points; Adjusted Operating Income1 margin was 16.9%, up 130 basis pointsDiluted EPS was $0.65, up 86%; Adjusted EPS1 was $0.57, up 12% on a constant-currency basis

DEERFIELD, Ill., Oct. 30, 2017 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today reported its third quarter 2017 results.

Were pleased with our improving revenue growth, driven by the strength of our Power Brands, continued momentum in emerging markets and Europe, said Irene Rosenfeld, Chairman and CEO.  We posted another quarter of strong... More