# Mondelez International, Inc. (MDLZ) — Q3-2020 Earnings Results

**Report date:** 2020-11-02 (after market close)  
**Sector:** Consumer Staples / Packaged Foods & Meats  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/MDLZ/earnings/Q3-2020

## Post-Earnings Brief

### Headline

Mondelez Intl Inc Beats on EPS, Stock Up 2.3%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.64 | N/A | +1.59% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management conveyed a positive outlook despite external challenges. They emphasized the resilience of their product lines.

**Key quotes:**

> Management highlighted strong demand for snacks during the quarter.

> They noted ongoing challenges due to the pandemic but expressed confidence in their brand portfolio.

### Guidance Changes

No guidance updates were provided during the earnings call.

### What It Means

Mondelez's earnings report indicates a solid performance in EPS, which contributed to a 2.3% increase in stock price. The positive surprise in EPS suggests that the company is managing its costs effectively, even amid ongoing market challenges. Investors may view this as a sign of strength in the company's operations and brand resilience.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/MDLZ/earnings/Q3-2020_