Mondelez Int'l Q4 Profit Rises

(RTTNews) - Mondelez International, Inc. (MDLZ) Wednesday reported fourth-quarter net earnings attributable to the company of $1.08 billion or $1.00 per share, up from $569 million or $0.32 per share in the same period last year.

Adjusted earnings for the quarter was $0.42 per share. On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.44 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues declined 0.1 percent to $9.49 billion from $9.50 billion last year. Analysts expected revenues of $9.57 billion.

Looking ahead, the company expects fiscal 2014 earnings guidance to be in the range of $1.73 to $1.78 per share, on a constant currency basis. Analysts currently expect full-year earnings of $1.71 per share.