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06.11.2013 22:31:38

Mondelez Int'l Q3 Profit Rises - Quick Facts

(RTTNews) - Mondelez International, Inc. (MDLZ) Wednesday reported third-quarter profit of $1.02 billion or $0.57 per share, up from $652 million or $0.36 per share in the same period last year.

Adjusted earnings for the quarter was $1.12 per share. On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved 1.8 percent to $8.5 billion from $8.33 billion last year. Analysts expected revenues of $8.56 billion.

Looking ahead, the company has raised its full-year 2013 earnings guidance to a range of $1.57 to $1.6211 per share, on a constant currency basis. Earnings are expected to be 5 cents lower than the guidance of $1.57 to $1.62 per share, including currency translation impacts. Analysts currently expect full-year earnings of $1.55 per share.

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