Mondelez International (MDLZ) to Release Quarterly Earnings on Tuesday

Mondelez International (NASDAQ:MDLZ) is set to announce its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.88 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Mondelez International (NASDAQ:MDLZ) last issued its earnings results on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The company had revenue of $9.31 billion during the quarter, compared to analyst estimates of $9.31 billion. During the same quarter last year, the business posted $0.73 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, analysts expect Mondelez International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Mondelez International Trading Up 1.9 %

NASDAQ MDLZ opened at $69.41 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60. Mondelez International has a 1-year low of $60.75 and a 1-year high of $78.59. The firm’s fifty day simple moving average is $70.52 and its 200-day simple moving average is $70.51. The company has a market capitalization of $93.46 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 2.37 and a beta of 0.56.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, March 28th were given a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 2.45%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s payout ratio is currently 46.83%.

Wall Street Analysts Forecast Growth

MDLZ has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their price target on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, January 18th. Barclays dropped their price target on shares of Mondelez International from $84.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. Stifel Nicolaus lifted their price objective on shares of Mondelez International from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. lowered their target price on shares of Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Finally, StockNews.com cut Mondelez International from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $80.89.

Mondelez International Company Profile

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.