Mondelez (MDLZ) PT Raised to $49 at RBC Capital
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Mondelez International Reports Q2 Results, Updates 2015 Outlook and Reaffirms 2016 Margin Target
July 30, 2015 8:02 AM EDTNet revenues decreased 9.2% due to currency; Organic Net Revenue1 grew 4.3% Operating Income margin was 11.0%, down 30 basis points; Adjusted Operating Income1 margin expanded 270 basis points to 15.2% Diluted EPS was $0.25, down 30.6%; Adjusted EPS1 was $0.47, up 37.5% on a constant-currency basis
DEERFIELD, Ill., July 30, 2015 (GLOBE NEWSWIRE) -- Mondelz International, Inc. (NASDAQ: MDLZ) today reported its second quarter 2015 results, reflecting strong Adjusted Operating Income margin expansion and Adjusted EPS growth on a constant currency basis, as well as solid Organic Net Revenue growth. In addition, the company increased its share repurchase authorization by $6.0... More
