Equities research analysts predict that Mondelez International Inc (NASDAQ:MDLZ) will announce earnings per share of $0.56 for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Mondelez International’s earnings. The highest EPS estimate is $0.59 and the lowest is $0.52. Mondelez International reported earnings of $0.47 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 19.1%. The company is expected to report its next earnings results on Tuesday, February 6th.

On average, analysts expect that Mondelez International will report full year earnings of $2.14 per share for the current financial year, with EPS estimates ranging from $2.10 to $2.17. For the next year, analysts expect that the company will report earnings of $2.37 per share, with EPS estimates ranging from $2.32 to $2.40. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Mondelez International.

Mondelez International (NASDAQ:MDLZ) last announced its earnings results on Monday, October 30th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. Mondelez International had a net margin of 8.61% and a return on equity of 12.31%. The company had revenue of $6.53 billion for the quarter, compared to the consensus estimate of $6.45 billion. During the same period in the previous year, the business earned $0.52 EPS. The company’s revenue was up 2.1% on a year-over-year basis.

Several equities analysts have recently commented on the stock. Royal Bank of Canada restated a “buy” rating and set a $53.00 price target on shares of Mondelez International in a report on Tuesday, October 3rd. BidaskClub upgraded shares of Mondelez International from a “strong sell” rating to a “sell” rating in a report on Thursday, December 7th. Sanford C. Bernstein restated an “outperform” rating and set a $55.00 price target on shares of Mondelez International in a report on Wednesday, September 20th. Susquehanna Bancshares set a $45.00 price objective on shares of Mondelez International and gave the stock a “hold” rating in a report on Monday, October 30th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $48.00 price objective on shares of Mondelez International in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $49.40.

Mondelez International (NASDAQ MDLZ) traded up $0.22 during trading on Tuesday, hitting $42.87. 10,830,300 shares of the stock traded hands, compared to its average volume of 7,801,984. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.34 and a current ratio of 0.51. Mondelez International has a fifty-two week low of $39.19 and a fifty-two week high of $47.23. The stock has a market cap of $63,735.65, a PE ratio of 20.81, a P/E/G ratio of 1.76 and a beta of 0.98.

In other news, Director Lewis W. K. Booth purchased 1,500 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was bought at an average cost of $41.29 per share, for a total transaction of $61,935.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.60% of the stock is owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Proficio Capital Partners LLC raised its position in shares of Mondelez International by 637.3% during the first quarter. Proficio Capital Partners LLC now owns 2,271 shares of the company’s stock valued at $105,000 after buying an additional 1,963 shares during the last quarter. Bank of Nova Scotia Trust Co. acquired a new position in shares of Mondelez International during the third quarter valued at about $113,000. Acrospire Investment Management LLC raised its position in shares of Mondelez International by 1,450.0% during the second quarter. Acrospire Investment Management LLC now owns 3,100 shares of the company’s stock valued at $134,000 after buying an additional 2,900 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in shares of Mondelez International by 2,056.3% during the second quarter. Chicago Partners Investment Group LLC now owns 3,601 shares of the company’s stock valued at $157,000 after buying an additional 3,434 shares during the last quarter. Finally, Rockefeller Financial Services Inc. raised its position in shares of Mondelez International by 300.0% during the third quarter. Rockefeller Financial Services Inc. now owns 4,000 shares of the company’s stock valued at $163,000 after buying an additional 3,000 shares during the last quarter. Institutional investors own 75.86% of the company’s stock.

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About Mondelez International

Mondelez International, Inc is a snack company. The Company manufactures and markets snack food and beverage products for consumers. It operates through four segments: Latin America, Asia, Middle East, and Africa (AMEA), Europe and North America. As of December 31, 2016, its brands spanned five product categories: Biscuits (including cookies, crackers and salted snacks); Chocolate; Gum and candy; Beverages (including coffee and powdered beverages), and Cheese and grocery.

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Earnings History and Estimates for Mondelez International (NASDAQ:MDLZ)

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