Mondelez (MDLZ) reported $9.31 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.1%. EPS of $0.84 for the same period compares to $0.73 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $9.3 billion, representing a surprise of +0.15%. The company delivered an EPS surprise of +7.69%, with the consensus EPS estimate being $0.78.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Global snack and candy giant Mondelez International is pivoting its focus to healthier chocolate. Reporting on the fourth quarter of 2023, Mondelez, which owns brands like Oreo, Cadbury and Ritz, said it recorded a strong quarter, with a 14.4% growth in net revenue year over year, with a healthy performance across the globe, according to a Tuesday (Jan. 30) press release. Mondelez has focused on core categories like chocolate, biscuits and baked snacks for its direct-to-consumer (D2C) sales, which offer att ...

Mondelez International, Inc. (NASDAQ:MDLZ) Q4 2023 Earnings Conference Call January 30, 2024 5:00 PM ET Company Participants Shep Dunlap - Senior Vice President, Investor Relations Dirk Van De Put - Chairman and Chief Executive Officer Luca Zaramella - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - J.P. Morgan Bryan Spillane - Bank of America David Palmer - Evercore Robert Moskow - TD Cowen Steve Powers - Deutsche Bank Alexia Howard - Bernstein Operator Good day, ...

Mondelez (MDLZ) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this maker of Oreo cookies, Cadbury chocolate and Trident gum would post earnings of $0.78 per share when it actually produced earnings of $0.82, delivering a surprise of 5.13%.O ...

Global snacks giant Mondelez International Inc. late Tuesday called for slower growth this year, hedging that its outlook comes amid “greater-than-usual volatility as a result of geopolitical uncertainty.”Mondelez MDLZ, +0.82% said it expects net revenue growth between 3% and 5% for 2024; the maker of Oreos, Ritz crackers and other popular snack and candy brands grew slightly more than 14% last year. Mondelez earned $950 million, or 70 cents a share, in the fourth quarter, compared with $585 million, or 42 ...

Mondelez International, Inc. (MDLZ) is likely to register top- and bottom-line growth when it reports fourth-quarter 2023 earnings on Jan 30. The Zacks Consensus Estimate for revenues is pegged at $9.3 billion, suggesting a rise of almost 7% from the prior-year quarter’s reported figure. The consensus mark for 2023 revenues is pegged at almost $36 billion, suggesting growth of 14.3% from the year-ago period’s reported figure.The Zacks Consensus Estimate for quarterly earnings has moved up by a penny to 78 c ...

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Wall Street analysts forecast that Mondelez (MDLZ) will report quarterly earnings of $0.77 per share in its upcoming release, pointing to a year-over-year increase of 5.5%. It is anticipated that revenues will amount to $9.27 billion, exhibiting an increase of 6.6% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed th ...

Mondelez (MDLZ) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. 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 earnings report, which is expected to be released on January 30, 2024, might help the stock move higher if these key numbers are better than e ...

In a huge step for cookiekind, the OREO brand is celebrating the release by partnering with Space Perspective, the world's first carbon-neutral spaceflight experience company, to send one lucky fan to the edge of space. EAST HANOVER, N.J., Jan. 23, 2024 /PRNewswire/ -- America's favorite cookie is kicking off 2024 with an out-of-this-world announcement. To encourage fans to playfully launch into the new year, the OREO brand is releasing a new galaxy-inspired limited-edition cookie and the chance for a fan t ...