Kraft (KFT) yesterday warned that forex fluctuations will hurt the 2013 earnings of Mondelez -...

|By:, SA News Editor

Kraft (KFT) yesterday warned that forex fluctuations will hurt the 2013 earnings of Mondelez - the international snacks business that it's spinning off in October - by $0.15 a share. Kraft forecast EPS of $1.50-$1.55 for Mondelez, below the predictions of some analysts. Kraft also expects revenue growth of 5%-7%. (PR)