RBC Reiterates Outperform Rating on Mondelez (MDLZ) Following Q4
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Oreo maker Mondelez's sales, profit miss estimates
February 7, 2017 4:15 PM EST(Reuters) - Mondelez International Inc (NASDAQ: MDLZ), the maker of Oreo cookies and Cadbury chocolates, reported lower-than-expected holiday-quarter sales and profit due to a strong dollar that eroded the value of sales outside the United States.
The company, which gets more than 75 percent of its sales outside the United States, also... More
Mondelez Int'l (MDLZ) Misses Q4 EPS by 1c
February 7, 2017 4:01 PM ESTMondelez Int'l (NASDAQ: MDLZ) reported Q4 EPS of $0.47, $0.01 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $6.77 billion versus the consensus estimate of $6.9 billion.
"We continue to make solid progress toward our near-term margin targets, while investing for long-term... More
