Mondelēz International Reports 2018 Results
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Mondelez (MDLZ) Reports In-Line Q4 EPS
January 30, 2019 4:08 PM ESTMondelez (NASDAQ: MDLZ) reported Q4 EPS of $0.63, in-line with the analyst estimate of $0.63. Revenue for the quarter came in at $6.77 billion versus the consensus estimate of $6.77 billion.
Fourth Quarter Commentary
Net revenues declined 2.8 percent, driven by the impact of currency. Organic Net Revenue increased 2.5 percent driven by continued strength in emerging markets with a good balance of volume/mix and pricing.Gross profit declined $104 million and margin decreased 50 basis points to 37.6 percent, driven primarily by higher... More