Bartosiak: Trading Mondelez International's (MDLZ) Earnings with Options

MDLZ

On Monday, October 30th, Mondelez International (MDLZ - Free Report) will release its third quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of D.

Dave will look at Mondelez International’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Mondelez International ahead of earnings.

Mondelez International in Focus

Mondelez International, Inc. is a food and beverage company. The Company manufactures and markets packaged food products, including snacks, beverages, cheese, convenient meals and various packaged grocery products. Its brands include Oreo, Nabisco and LU biscuits; Milka and Cadbury chocolates; Trident gum; Jacobs and Maxwell House coffees; Philadelphia cream cheeses; Kraft cheeses, dinners and dressings; Oscar Mayer meats, and Tang powdered beverage. Its brands span various consumer sectors: Biscuits, Confectionery, Beverages, Cheese, Grocery and Convenient Meals. Mondelez International, Inc., formerly known as Kraft Foods Inc., is based in Deerfield, IL.

Mondelez International is expected to report earnings at $0.54 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 4.35%. They reported earnings at $0.48per share, beating their estimate of $0.46. They have an average earnings surprise of 6.80% over the last 4 quarters.

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