Mondelez International, Inc.(MDLZ - Free Report) is a global snacks powerhouse with brands spanning across five fast-growing snacks categories — biscuits, chocolate, gum and candy, beverages and cheese & grocery. Its portfolio includes popular names like Oreo, Nabisco and LU biscuits; Milka, Cadbury Dairy Milk and Cadbury chocolates; Trident gum; and Tang powdered beverage.
Investors should note that earnings estimate for MDLZ has remained stable for the past 30days. The global snacks company has posted positive earnings surprise in three of the past four quarters, with an average positive surprise of 7.89%.
Currently, MDLZ has a Zacks Rank #3 (Hold), but that could definitely change following Mondelez’ earnings report which was just released.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: MDLZ beats on earnings. Our consensus earnings estimate called for EPS of 43 cents/share, and the company reported EPS of 52 cents instead. Investors should note that these figures take out stock option expenses.
Revenues: MDLZ reported revenues of $6.39 billion. which missed our consensus estimate of $6.46 billion.
Key Stats to Note: Organic revenues grew 1.1%, driven by continued improvement in overall volume/mix trends and pricing to recover currency-driven input costs in inflationary markets.
Check back later for our full write up on this MDLZ earnings report later!
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Mondelez International, Inc.(MDLZ - Free Report) is a global snacks powerhouse with brands spanning across five fast-growing snacks categories — biscuits, chocolate, gum and candy, beverages and cheese & grocery. Its portfolio includes popular names like Oreo, Nabisco and LU biscuits; Milka, Cadbury Dairy Milk and Cadbury chocolates; Trident gum; and Tang powdered beverage.
Investors should note that earnings estimate for MDLZ has remained stable for the past 30days. The global snacks company has posted positive earnings surprise in three of the past four quarters, with an average positive surprise of 7.89%.
Currently, MDLZ has a Zacks Rank #3 (Hold), but that could definitely change following Mondelez’ earnings report which was just released.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: MDLZ beats on earnings. Our consensus earnings estimate called for EPS of 43 cents/share, and the company reported EPS of 52 cents instead. Investors should note that these figures take out stock option expenses.
Revenues: MDLZ reported revenues of $6.39 billion. which missed our consensus estimate of $6.46 billion.
Key Stats to Note: Organic revenues grew 1.1%, driven by continued improvement in overall volume/mix trends and pricing to recover currency-driven input costs in inflationary markets.
Check back later for our full write up on this MDLZ earnings report later!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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