Preview: Mondelez International's Earnings
Portfolio Pulse from Benzinga Insights
Mondelez International is set to release its quarterly earnings report on October 29, 2024. Analysts expect an EPS of $0.85, with hopes for positive guidance. The company's past performance shows a tendency to beat estimates, which has previously led to stock price increases. Analysts rate Mondelez as a 'Buy' with a price target suggesting a 14.69% upside. Despite challenges in revenue growth, Mondelez maintains strong profitability and a conservative debt approach.
October 28, 2024 | 2:02 pm
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Mondelez International is expected to report an EPS of $0.85. The company has a history of beating estimates, which has led to stock price increases. Analysts rate it as a 'Buy' with a potential 14.69% upside. Despite revenue growth challenges, Mondelez shows strong profitability and a conservative debt approach.
Mondelez's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $0.85. The company's history of beating estimates has previously resulted in stock price increases, suggesting a positive short-term impact if expectations are met or exceeded. The 'Buy' rating and potential upside further support a positive outlook. However, challenges in revenue growth may temper expectations.
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