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Mondelez beats first-quarter profit estimates
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Mondelez beats first-quarter profit estimates
May 25, 2025 9:12 PM

April 29 (Reuters) - Cadbury-parent Mondelez

International ( MDLZ ) beat Wall Street estimates for

first-quarter profit on Tuesday, driven by resilient demand for

its high-priced chocolates and biscuits while cocoa prices

eased.

On an adjusted basis, the company earned 74 cents per share

for the quarter, compared with analysts' average estimate of 66

cents per share, according to data compiled by LSEG.

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