Mondelez beats fourth-quarter revenue estimates

Reuters

02/04

Feb 3 (Reuters) - Cadbury-parent Mondelez International MDLZ.O beat Wall Street estimates for fourth-quarter revenue on Tuesday, aided by steady consumer demand for its pricey chocolates and snacks.

The company reported net revenue of $10.50 billion for the quarter, compared with analysts' average estimate of $10.31 billion according to data compiled by LSEG.

(Reporting by Neil J Kanatt in Bengaluru; Editing by Krishna Chandra Eluri)

((Neil.JKanatt@thomsonreuters.com))

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