Earnings Outlook For Mondelez International
Portfolio Pulse from Benzinga Insights
Mondelez International (NASDAQ:MDLZ) is set to release its latest quarterly earnings report on November 1, 2023. Analysts estimate an earnings per share (EPS) of $0.74. The company's past performance shows a trend of beating EPS estimates and subsequent increases in share price. The stock was trading at $65.98 as of October 30, with a 52-week increase of 4.99%.
October 31, 2023 | 2:01 pm
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Mondelez International is expected to report an EPS of $0.74 for Q3 2023. The company has a history of beating EPS estimates, which has typically led to increases in its share price.
The company's history of beating EPS estimates and the subsequent positive impact on its share price suggests that if this trend continues, the stock price is likely to increase in the short term. Additionally, the stock has shown a positive return over the last 52 weeks, which could indicate investor confidence in the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100