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Cadbury maker Mondelez tops quarterly sales estimates powered by higher prices, demand -Breaking

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© Reuters. FILEPHOTO: This illustration photo was taken on July 26, 2021. It shows the Mondelez International logo as well as its stock graph. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – Mondelez International Inc Wall Street forecasts for quarterly revenue beat on Tuesday by Oreo’s. The company was able to overcome supply chain obstacles and higher prices.

Refinitiv IBES data showed that Net Revenue rose from $7.24 Billions a Year earlier to $7.76 Billions in the First Quarter to $7.76 Trillion. Analysts had an average of $7.39 Billion, which was higher than analysts’ estimate of $7.39.

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