Core Viewpoint - Mondelez (MDLZ) is expected to report quarterly earnings of 9.33 billion [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 0.8%, indicating analysts' reassessment of their initial forecasts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts project 'Geographic Revenue- North America' to reach 3.39 billion, reflecting a 0.7% increase year-over-year [5] - 'Geographic Revenue- AMEA' is expected to be 1.22 billion, showing a decline of 7.5% year-over-year [6] Operating Income Estimates - 'Operating Income- AMEA- Non-GAAP' is projected at 412 million in the same quarter last year [6] - 'Operating Income- Europe- Non-GAAP' is estimated to be 641 million in the previous year [7] - 'Operating Income- North America- Non-GAAP' is expected to reach 579 million year-over-year [7] - 'Operating Income- Latin America- Non-GAAP' is forecasted at 178 million in the same quarter last year [8] Stock Performance - Mondelez shares have increased by 1.6% over the past month, contrasting with a decline of 5.1% in the Zacks S&P 500 composite [9] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [9]
Seeking Clues to Mondelez (MDLZ) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics