trending Market Intelligence /marketintelligence/en/news-insights/trending/H_IrSFsxzC21_YwCxpB_EA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Mondelez International profit misses consensus by 17.0% in Q2

Machine Learning and Credit Risk Modelling

OTT Helps To Offset Pay TV Losses for Video Security Vendors

5G Survey: Despite COVID-19 delays, operator roadmaps still lead to 5G

Barclays Research – Now Available In The S&P Global Market Intelligence Aftermarket Research Collection


Mondelez International profit misses consensus by 17.0% in Q2

Mondelez International Inc. said its second-quarter normalized net income came to 33 cents per share, compared with the S&P Capital IQ consensus estimate of 39 cents per share.

EPS increased 16.5% year over year from 28 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $535.3 million, a gain of 11.8% from $478.8 million in the prior-year period.

The normalized profit margin rose to 7.0% from 5.7% in the year-earlier period.

Total revenue fell 9.2% on an annual basis to $7.66 billion from $8.44 billion, and total operating expenses decreased 10.9% from the prior-year period to $6.60 billion from $7.41 billion.

Reported net income declined 33.4% from the prior-year period to $410.8 million, or 25 cents per share, from $616.3 million, or 36 cents per share.