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Oreo-maker Mondelez calls for slower growth this year
Market Watch· 2024-01-30 22:01
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 (MDLZ) Q4 Earnings Coming Up: Factors to Consider
Zacks Investment Research· 2024-01-29 17:31
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 ...
Mondelez: Steady Appreciation And Strong Dividend Growth
Seeking Alpha· 2024-01-28 05:15
jetcityimage When it comes to making money in the stock market, it can frequently pay to take a long-term view. One of the factors that can impact a person's willingness to stick with a long-term program is volatility. The stock market is volatile. Some years it is up. Some years it is up a lot. In other years. the market can crash. However, purchasing a few consumer stocks that are popular can be one way to avoid getting caught up in the belief that the sky is falling. These companies are not likely to ...
What Analyst Projections for Key Metrics Reveal About Mondelez (MDLZ) Q4 Earnings
Zacks Investment Research· 2024-01-25 15:20
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) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-01-23 16:07
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 ...
Launch Into a Galaxy of Playfulness with Limited-Edition OREO Space Dunk Cookies
Prnewswire· 2024-01-23 15:00
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 ...
RITZ Brand Rushes into the Football Postseason with RITZ Blitzes Campaign
Prnewswire· 2024-01-22 15:00
Professional quarterback, Trevor Lawrence, teams up with the brand to upgrade fans' game day experiences with delicious recipes and watch party must-havesEAST HANOVER, N.J., Jan. 22, 2024 /PRNewswire/ -- RITZ, America's favorite butter cracker, is rushing into football and blitzing the postseason with the help of brand partner and professional quarterback, Trevor Lawrence. A blitz can ruin a play, but when the RITZ brand blitzes a party, it makes everything better. Today through the Big Game in February, th ...
Mondelēz International to Report Q4 and Full Year 2023 Financial Results on Jan 30, 2024
Newsfilter· 2024-01-16 21:05
CHICAGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (NASDAQ:MDLZ) will release its fourth quarter 2023 financial results on Tuesday, January 30, 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 ...
I Believe Mondelez Is One Of The Best Dividend Stocks Amid Headwinds
Seeking Alpha· 2024-01-11 11:46
jfmdesign Introduction As much as I love the Holiday season, I'm glad it's business as usual again. Being surrounded by chocolate, wine, and great food isn't the best thing for my plans to live a healthier life. Speaking of chocolate, between Christmas and New Year's Eve, Bloomberg published a headline that may have scared some chocolate fans: Bloomberg According to the article, chocolate giants like Hershey (HSY) and Nestle (OTCPK:NSRGY) are dealing with the aftermath of a cocoa futures surge to a 46-y ...
Will Mondelez (MDLZ) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-01-03 18:32
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Mondelez (MDLZ) . This company, which is in the Zacks Food - Miscellaneous industry, shows potential for another earnings beat.This maker of Oreo cookies, Cadbury chocolate and Trident gum has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the las ...