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Mondelez Stock Edges Higher on Strong Earnings

Por: MarketWatch Business January 31, 2023

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Shares were up 1.2% in after-hours trading. For all of 2023, the company expects organic net revenue growth of 5% to 7% and a high single-digit increase in adjusted earnings per share on a constant-currency basis. Management said the strength of the dollar will leave EPS four cents lower than it would have been otherwise. Current consensus estimates call for Mondelez’s earnings per share to climb just under 6% this year. The company’s... + full article



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