Mondelez International, Inc. MDLZ reported third-quarter 2017 results, with both earnings and revenues surpassing the Zacks Consensus Estimate.Adjusted earnings of 57 cents per share beat the Zacks Consensus Estimate of 54 cents by 5.6%. Adjusted earnings grew 12%, primarily driven by operating gains.Sales DetailsNet revenues increased 2.1% year over year to $6.53 billion on organic revenue growth and currency tailwinds. Emerging markets’ net revenues increased 4.5%, while developed markets revenues were up 0.7%. Power Brands also witnessed a 5.6% increase in revenues.Regionally, Asia, Middle East & Africa, Europe and North America registered a respective 2.6%, 1.3% and 3% decline in revenues. However, Latin America’s revenues increased 5.5%.Reported total revenues exceeded the Zacks Consensus Estimate of $6.46 billion.Organic revenues increased 2.8%, better than the 2.7% decline seen last quarter. The improvement was primarily driven by Power Brands as well as strong performance in Europe and emerging markets. Pricing increased 1.5%, more than 1.1% in the previous quarter. Volume mix increased 1.3%, as against the 3.8% decline in the last quarter.Mondelez International, Inc. Price, Consensus and EPS Surprise Mondelez International, Inc. Price, Consensus and EPS Surprise | Mondelez International, Inc. QuoteMarginsAdjusted gross margin decreased 60 basis points (bps) year over year to 39.5%, as higher input costs and select trade investments in some key markets were partially offset by continued net productivity gains.However, adjusted operating margin expanded 130 bps year over year to 16.9% on the back of lower overhead costs owing to continued cost reduction.FinancialsMondelez reported cash and cash equivalents of $844 million as on Sep 30, 2017, down from $1.74 billion at the end of 2016.The company repurchased more than $700 million of its common stock and paid approximately $300 million in cash dividends. 2017 GuidanceOrganic net revenues are expected to increase approximately 1% only owing to the malware incident.Adjusted operating margin is still expected in the mid-16% range.Management continues to expect adjusted earnings increase at a double-digit rate on a constant-currency basis.Zacks Rank & Peer ReleasesMondelez currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Dr Pepper Snapple Group Inc. DPS reported third-quarter 2017 adjusted earnings per share of $1.10, missing the Zacks Consensus Estimate by 4.3%. Earnings were down 6% on a year-over-year basis owing to the recent hurricanes in United States, earthquakes in Mexico and a previously disclosed write-off of prepaid resin inventory.The Hershey Company’s HSY earnings and revenues beat the Zacks Consensus Estimate in third-quarter 2017. Growth in its core brands, successful innovation and progress in multi-year productivity, and cost-saving initiatives helped the company post better numbers.The Procter & Gamble Company PG, popularly known as P&G, reported first-quarter fiscal 2018 financial results, wherein earnings and revenues surpassed expectations. However, the company has been struggling to boost organic sales in a decelerating global market.Wall Street’s Next AmazonZacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.Click for details >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dr Pepper Snapple Group, Inc (DPS): Free Stock Analysis Report Hershey Company (The) (HSY): Free Stock Analysis Report Mondelez International, Inc. (MDLZ): Free Stock Analysis Report Procter & Gamble Company (The) (PG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research