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) 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 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 ...

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 ...

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 ...

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 ...

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 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 ...

Mondelez International, Inc. (MDLZ) is set to strengthen its position in the rapidly-growing cakes and pastries market with the acquisition of a majority stake in Evirth — a leading manufacturer in China. This acquisition aligns with MDLZ's broader strategy to expand its footprint in the cakes and pastries segment, a key focus area alongside chocolate and biscuits. Founded in 2013, Evirth specializes in frozen-to-chilled cakes and pastries. The company already holds a minority stake in Evirth, enabling it t ...

Mondelez International, Inc. (NASDAQ: MDLZ ) is a snacking, chocolate, and candy company with a slew of well-known brands. Consumers in the U.S. and internationally purchase food like Chips Ahoy, Ritz, and Cadbury. The net result is a dominant firm with aI am a self-taught individual investor and I have been investing in stocks for over 25 years. I focus on dividend growth investing with a long-term horizon since I believe in the compounding power of dividend growth investing. I generally look for undervalu ...