Mondelez (MDLZ) Tops Q3 EPS by 1c

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Go back to Mondelez (MDLZ) Tops Q3 EPS by 1c

Mondelēz International Reports Q3 Results

October 29, 2018 4:05 PM EDT

Net revenues declined 3.7% driven by currency; Organic Net Revenue1 grew 1.2%, which includes 60 basis points of headwinds for malware effects in the prior yearOperating income margin was 11.7%, down 620 basis points; Adjusted Operating Income1 margin was 17.1%, up 40 basis pointsDiluted EPS was $0.81, up 27%; Adjusted EPS1 was $0.62, up 18% on a constant-currency basisVinzenz Gruber to become EVP and President, Europe, following retirement of Hubert Weber on January 31

DEERFIELD, Ill., Oct. 29, 2018 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today reported its third quarter 2018 results.

"We performed... More