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Mondelez International Q2 Profit Down

July 28, 2020 — 06:22 pm EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - Mondelez International, Inc. (MDLZ) Tuesday reported second-quarter net earnings of $544 million or $0.38 per share, down from $803 million or $0.55 per share last year.

Adjusted earnings for the quarter was $0.63 per share.

Revenues for the quarter dropped to $5.91 billion from 6.06 billion last year.

Analysts polled by Thomson Reuters estimated earnings of $0.56 per share on revenues of $5.92 billion for the quarter.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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