Core Viewpoint - Analysts project Mondelez (MDLZ) will report quarterly earnings of $0.67 per share, a decline of 20.2% year over year, with revenues expected to reach $9.69 billion, an increase of 4.1% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 2.7% over the past 30 days, indicating a collective reassessment by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts estimate 'Geographic Revenue- North America' will reach $2.85 billion, reflecting a change of +2.6% year over year [5]. - 'Geographic Revenue- Europe' is projected to be $3.80 billion, indicating a change of +7.4% from the previous year [5]. - 'Geographic Revenue- AMEA' is expected to be $1.84 billion, showing a change of +6.2% year over year [5]. - 'Geographic Revenue- Latin America' is forecasted at $1.18 billion, indicating a decline of -6.6% from the prior year [6]. Operating Income Estimates - 'Operating Income- AMEA- Non-GAAP' is projected to reach $238.65 million, down from $246 million in the same quarter last year [6]. - 'Operating Income- Europe- Non-GAAP' is expected to be $550.97 million, compared to $643 million in the previous year [7]. - 'Operating Income- North America- Non-GAAP' is forecasted at $411.21 million, down from $505 million year over year [7]. - 'Operating Income- Latin America- Non-GAAP' is estimated at $115.01 million, compared to $159 million in the same quarter last year [8]. Stock Performance - Mondelez shares have decreased by -1.8% in the past month, contrasting with the Zacks S&P 500 composite's increase of +2.9% [9]. - With a Zacks Rank 4 (Sell), MDLZ is expected to underperform the overall market in the near term [9].
Insights Into Mondelez (MDLZ) Q4: Wall Street Projections for Key Metrics