Earnings Preview: Mondelez International
Portfolio Pulse from Benzinga Insights
Mondelez International (NASDAQ:MDLZ) is scheduled to release its quarterly earnings report on January 30, 2024. Analysts predict an EPS of $0.77. Investors are looking for an earnings beat and positive guidance for future growth. Historically, MDLZ has surpassed EPS estimates, resulting in share price increases the following day. Over the past year, MDLZ shares have risen by 14.96%, with the stock trading at $75.14 as of January 26.
January 29, 2024 | 4:01 pm
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Mondelez International is anticipated to report an EPS of $0.77 for the upcoming quarter. Past earnings beats have led to share price increases. Shares have gained 14.96% over the last year, indicating a positive trend.
Given MDLZ's history of surpassing EPS estimates and the subsequent positive impact on its share price, there is a likelihood of a similar outcome if the company beats the EPS estimate again. The stock's positive performance over the past year further supports investor optimism. However, the actual impact will depend on the reported earnings, guidance, and market conditions on the day of the announcement.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100