How did MDLZ's Q1 2024 earnings surprise impact its stock?
4/7/2025 01:18pm
Mondelez's (MDLZ) Q1 2024 earnings surprise had a positive impact on its stock, as evidenced by the 1.95% percentage change in its stock price following the release of the earnings report. The company reported an EPS surprise of $0.06, which likely contributed to the positive market reaction. This suggests that investors may have had concerns about the company's performance, which were alleviated by the positive earnings surprise.