CHICAGO (AP) _ Mondelez International Inc. (MDLZ) on Tuesday reported first-quarter earnings of $961 million.

The Chicago-based company said it had net income of 68 cents per share. Earnings, adjusted for non-recurring costs, came to 77 cents per share.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

The maker of Oreo cookies, Cadbury chocolate and Trident gum posted revenue of $7.24 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $7.04 billion.

Mondelez shares have climbed slightly since the beginning of the year, while the S&P's 500 index has increased 11%. In the final minutes of trading on Tuesday, shares hit $58.72, an increase of 14% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MDLZ at https://www.zacks.com/ap/MDLZ

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