Mondelez: Q4 Earnings Snapshot

Published: 2022-01-27 16:17:07 ET MDLZ

CHICAGO (AP) _ Mondelez International Inc. (MDLZ) on Thursday reported fourth-quarter profit of $1 billion.

On a per-share basis, the Chicago-based company said it had net income of 71 cents.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

The maker of Oreo cookies, Cadbury chocolate and Trident gum posted revenue of $7.66 billion in the period, which beat Street forecasts. Six analysts surveyed by Zacks expected $7.54 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDLZ at https://www.zacks.com/ap/MDLZ