Mondelez International (MDLZ) to Release Earnings on Tuesday

Mondelez International (NASDAQ:MDLZ) is scheduled to be releasing its earnings data after the market closes on Tuesday, July 30th. Analysts expect Mondelez International to post earnings of $0.78 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Tuesday, April 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Mondelez International had a net margin of 11.87% and a return on equity of 16.11%. The firm had revenue of $9.29 billion for the quarter, compared to analyst estimates of $9.16 billion. During the same quarter last year, the business earned $0.89 earnings per share. Mondelez International’s revenue was up 1.4% compared to the same quarter last year. On average, analysts expect Mondelez International to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Mondelez International Stock Up 0.0 %

Shares of NASDAQ MDLZ opened at $66.42 on Monday. Mondelez International has a 1 year low of $60.75 and a 1 year high of $77.20. The firm’s 50 day moving average price is $66.94 and its 200 day moving average price is $69.94. The firm has a market cap of $89.09 billion, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 2.75 and a beta of 0.53. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77.

Mondelez International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Friday, June 28th were given a dividend of $0.425 per share. The ex-dividend date was Friday, June 28th. This represents a $1.70 dividend on an annualized basis and a yield of 2.56%. Mondelez International’s dividend payout ratio (DPR) is currently 53.97%.

Wall Street Analysts Forecast Growth

MDLZ has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Mondelez International from $78.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. TD Cowen decreased their target price on shares of Mondelez International from $83.00 to $79.00 and set a “buy” rating on the stock in a research report on Thursday, June 6th. Wells Fargo & Company cut their price target on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 4th. Barclays cut their price target on shares of Mondelez International from $80.00 to $76.00 and set an “overweight” rating on the stock in a research note on Friday, July 19th. Finally, Stifel Nicolaus cut their price target on shares of Mondelez International from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, July 23rd. One investment analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. According to MarketBeat.com, Mondelez International has an average rating of “Moderate Buy” and an average target price of $79.39.

About Mondelez International

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.