Mondelez International(MDLZ)

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Mondelez International(MDLZ) - 2024 Q3 - Quarterly Results
2024-10-29 20:07
Exhibit 99.1 Contacts: Tracey Noe (Media) Shep Dunlap (Investors) 1-847-943-5678 1-847-943-5454 news@mdlz.com ir@mdlz.com Mondelēz International Reports Q3 2024 Results Net Revenues increased +1.9% Organic Net Revenue grew +5.4% 1 Volume/Mix grew +0.3% Diluted EPS declined -12.5% to $0.63 Adjusted EPS on a constant currency basis up +28.6% to $0.99 1 YTD cash from operating activities $3.5 billion YTD Free Cash Flow $2.5 billion 1 Agreed to acquire a majority stake in Evirth CHICAGO, Ill. – October 29, 2024 ...
Mondelez (MDLZ) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-10-24 14:21
Wall Street analysts expect Mondelez (MDLZ) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year increase of 2.4%. Revenues are expected to be $9.06 billion, up 0.4% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Before a company reveals its ear ...
Mondelez Q3 Earnings Coming Up: Is a Beat in Store for MDLZ Stock?
ZACKS· 2024-10-23 14:56
Mondelez International, Inc. (MDLZ) is likely to register top and bottom-line growth when it reports thirdquarter 2024 earnings on Oct. 29. The Zacks Consensus Estimate for revenues is pegged at $9.07 billion, suggesting an increase of 0.4% from the prior-year quarter's reported figure. The consensus mark for thirdquarter earnings has remained unchanged in the past 30 days at 84 cents per share, indicating a rise of 2.4% from the figure reported in the year-ago quarter. MDLZ has a trailing four-quarter earn ...
Mondelez (MDLZ) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-22 15:05
Mondelez (MDLZ) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 2 ...
Mondelez Rises 8% in 3 Months: How Should You Play the Stock?
ZACKS· 2024-10-17 17:15
Mondelez International, Inc.'s (MDLZ) shares have gained 7.5% in the past three months, surpassing the industry and the broader S&P 500 index's growth of 4.6% and 4.5%, respectively. This performance stems from a strategic emphasis on core categories and targeted initiatives to streamline and reshape the company's portfolio. Image Source: Zacks Investment Research MDLZ stock last traded at $71.91 and is 6.8% below its 52-week high of $77.20, touched on Feb. 2, 2024. The stock is trading above its 200-day mo ...
Mondelēz International to Report Q3 2024 Financial Results on October 29, 2024
GlobeNewswire News Room· 2024-10-15 20:05
CHICAGO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) will release its third quarter 2024 financial results on Tuesday, October 29, 2024 at 4:05 p.m. ET and will host a conference call at 5:00 p.m. ET that day. Investors and analysts may participate via phone by calling 800-225-9448 from the United States and 203-518- 9708 from other locations. To ensure timely access, participants should dial in approximately 10 minutes before the call starts. A listen-only webcast will be ...
Mondelēz Takes Minority Stake In Healthy Bakery Startup Urban Legend
Forbes· 2024-10-07 14:24
Oreo cookies maker Mondelēz has taken a minority stake in healthy doughnuts startup Urban Legend ... [+] through its corporate ventures unit SnackFutures.Urban LegendIn a move that highlights the growing shift toward healthier bakery options in the UK, Oreo cookies maker Mondelēz International has made a first minority investment in local startup, Urban Legend, through its venture unit SnackFutures. Financial details were not disclosed.Founded in 2021 by Anthony Fletcher, former CEO of Graze snacks (acquire ...
Is Mondelez Stock a Buy, Hold or Sell at a P/E Multiple of 20.3X?
ZACKS· 2024-10-03 16:46
Mondelez International, Inc. (MDLZ) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 20.26, higher than the industry average of 16.41 and the Zacks Consumer Staples sector’s 18.12. This inflated valuation suggests that the market is pricing in high growth expectations, but it also raises questions about whether the company can deliver results that justify such a premium. MDLZ’s Value Score of C adds to these concerns.While a high valuation suggests caution, the company's strong br ...
Mondelēz International's SnackFutures Ventures Makes Strategic Investment in UK “Better-for-You” Doughnut Start-Up Urban Legend
GlobeNewswire News Room· 2024-10-01 20:05
Urban Legend's air frying technology reduces fat, sugar and calories by 30% to 75% vs. traditionally made doughnuts Supports Mondelēz strategic intent to expand in cakes and pastries CHICAGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced that its corporate venture capital arm, SnackFutures Ventures, has taken a minority stake in Urban Legend, a fast-growing, "better-for-you" fresh doughnut and pastry business in the United Kingdom. Founded in 2021 by scientist ...
Mondelez Stock Trading Above 200 & 50-Day SMA: How to Play Ahead?
ZACKS· 2024-09-24 14:40
Mondelez International, Inc. (MDLZ) has demonstrated impressive upward momentum, consistently trading above its 200-day and 50-day simple moving averages (SMA), key indicators of price stability and long-term bullish trends. As of Monday, MDLZ was trading at $74.57, which surpassed both its 200-day SMA of $70.07 and 50-day SMA of $70.71, highlighting a continued uptrend.SMA is a key tool in technical analysis used to assess price trends by smoothing out short-term fluctuations, offering a clearer view of th ...