Reported 3 days ago
Mondelez International, a snack and beverage giant, is scheduled to report its third-quarter earnings on October 28. Analysts anticipate an adjusted profit of $0.73 per share, a significant decline from $0.99 in the same quarter last year. The company has experienced mixed earnings surprises recently, with one miss among the last four quarters. Despite achieving notable revenue growth in certain regions, the overall outlook for the company remains cautious, particularly due to rising raw material costs impacting profits.
Source: YAHOO