Mondelez (MDLZ) Tops Q1 EPS by 9c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Mondelez (MDLZ) pricing execution fuels Q1 earnings beat, guidance lift
April 28, 2023 8:28 AM EDTFood company Mondelez (NASDAQ: MDLZ) topped earnings and revenue estimates in the first quarter, sending its shares more than 2% higher premarket Friday.
After the close Thursday, the company posted Q1 earnings of $0.89 per share, $0.09 better than the analyst estimate of $0.80, while revenue for the quarter came in at $9.17 billion versus the consensus estimate of $8.44 billion.
"We delivered a strong start to the year, with double-digit net... More
