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.

Mondelez ( MDLZ ) implemented several rounds of price increases in

recent quarters to offset rising costs of inputs, such as cocoa

in 2024, helping the company's earnings.

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

for the quarter, ahead of analysts' average estimate of 66 cents

per share, according to data compiled by LSEG.

However, Mondelez ( MDLZ ) reported net revenue of $9.31 billion for

the quarter, compared with analysts' average estimate of $9.33

billion.

Shares of the Chicago-based company were up about 1% after

the bell.