On Monday, Oct. 29, Mondelez International (NASDAQ: MDLZ) will release its latest earnings report. Decipher the announcement with
Benzinga's help.
Earnings and Revenue
Mondelez earnings will be near 61 cents per share on sales of $6.33 billion, according to analysts.
Mondelez EPS in the same period a year ago totaled 56 cents. Sales were $6.53 billion. If the company were to match the
consensus estimate when it reports Monday, earnings would be up 7.02 percent. Revenue would be down 3.06 percent on a
year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter |
Q2 2018 |
Q1 2018 |
Q4 2017 |
Q3 2017 |
| EPS Estimate |
0.54 |
0.61 |
0.56 |
0.55 |
| EPS Actual |
0.56 |
0.62 |
0.57 |
0.57 |
Stock Performance
Over the last 52-week period, shares are down 2.36 percent. Given that these returns are generally negative, long-term
shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to
the announcement.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Mondelez
stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Mondelez is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/rg5xz6yd
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