Mondelez International, Inc. MDLZ reported second-quarter 2017 results, with both earnings and revenues surpassing the Zacks Consensus Estimate.Second-quarter adjusted earnings of 48 cents per share beat the Zacks Consensus Estimate of 46 cents by 4.3%.Adjusted earnings grew 19%, primarily driven by operating gains and lower divestiture-related costs.Sales DetailsNet revenue declined 5% year over year to $5.99 billion due to negative currency impact and global cyber attack. Emerging markets’ net revenues decreased 1.5% while developed markets reported revenue declined 7.1%. Power Brands also witnessed 3% decline in revenues.Regionally, Asia, Middle East & Africa, Europe, and North America registered a respective 3.6%, 5.3% and 8.5% decline in revenues. However, Latin America’s revenues increased 0.6%.Reported total revenues exceeded the Zacks Consensus Estimate of $5.95 billion.Organic revenues however declined 2.7%, softer than the 0.6% growth seen last quarter. The downside was primarily due to the global cyber attack, which wreaked havoc across Europe and the U.S. at the end of June.Pricing increased 1.1%, same as in the previous quarter. Volume mix decreased 3.8%, wider than the 0.5% 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 10 basis points (bps) year over year to 40%, as strong net productivity and pricing gains were primarily offset by an unfavorable mix and higher input costs.However, adjusted operating margin increased 90 bps year over year to 15.8% on the back of lower selling, general and administrative costs.FinancialsMondelez reported cash and cash equivalents of $1.4 billion as on Jun 30, 2017, down from $1.74 billion at the end of 2016.The company returned $900 million of capital to shareholders through share repurchases and dividends in the second quarter.Mondelez also announced a quarterly cash dividend of 22 cents per share, reflecting an increase of 16%.2017 Guidance ReaffirmedOrganic net revenue is expected to increase 1% in 2017.Adjusted operating margin is still expected in the mid 16% range. Mondelez remains on track to reach its 17–18% profit-margin goal by 2018.Management expects adjusted earnings to increase at a double-digit rate on a constant-currency basis.Mondelez currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Peer ReleasesDr Pepper Snapple Group Inc. DPS reported second-quarter 2017 adjusted earnings per share of $1.25 missing the Zacks Consensus Estimate of $1.28 by 2.3%. Earnings were flat on a year-over-year basis.The Hershey Company’s HSY second-quarter adjusted earnings per share of $1.09 beat the Zacks Consensus Estimate of 91 cents by 19.8%. Earnings also increased from the year-ago profit level of 85 cents by 28.2%.The Procter & Gamble Company PG, popularly known as P&G, reported fourth-quarter fiscal 2017 core earnings of 85 cents per share beating the Zacks Consensus Estimate of 78 cents by 9%. The bottom line also increased 8% from the prior-year quarter.More Stock News: Tech Opportunity Worth $386 Billion in 2017From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>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