Wall Street brokerages expect Mondelez International Inc (NASDAQ:MDLZ) to post earnings of $0.56 per share for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Mondelez International’s earnings, with the lowest EPS estimate coming in at $0.52 and the highest estimate coming in at $0.59. Mondelez International posted earnings per share of $0.47 during the same quarter last year, which would indicate a positive year-over-year growth rate of 19.1%. The company is expected to announce its next earnings report on Tuesday, February 6th.

According to Zacks, analysts expect that Mondelez International will report full year earnings of $2.14 per share for the current fiscal year, with EPS estimates ranging from $2.10 to $2.17. For the next financial year, analysts expect that the business will post earnings of $2.38 per share, with EPS estimates ranging from $2.32 to $2.40. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Mondelez International.

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

Several research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Piper Jaffray Companies restated a “buy” rating and set a $49.00 price objective on shares of Mondelez International in a report on Tuesday, September 19th. 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. Credit Suisse Group upped their price objective on shares of Mondelez International from $46.00 to $48.00 and gave the stock an “outperform” rating in a report on Tuesday, October 31st. Finally, JPMorgan Chase & Co. upped their price objective on shares of Mondelez International from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $49.43.

Mondelez International (NASDAQ:MDLZ) traded down $0.04 during midday trading on Monday, reaching $42.47. 7,179,400 shares of the company’s stock were exchanged, compared to its average volume of 7,647,367. The company has a market cap of $63,470.00, a P/E ratio of 29.49, a P/E/G ratio of 1.58 and a beta of 0.97. Mondelez International has a 52-week low of $39.19 and a 52-week high of $47.23. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 0.49.

The company also recently announced a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Friday, December 29th were issued a $0.22 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.88 annualized dividend and a dividend yield of 2.07%. Mondelez International’s dividend payout ratio is currently 61.11%.

In other news, Director Lewis W. K. Booth bought 1,500 shares of the stock in a transaction dated Thursday, November 9th. The stock was bought at an average price of $41.29 per share, for a total transaction of $61,935.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.60% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Mondelez International by 1.2% during the second quarter. Vanguard Group Inc. now owns 98,799,909 shares of the company’s stock worth $4,267,168,000 after buying an additional 1,168,269 shares during the last quarter. Northern Trust Corp boosted its position in Mondelez International by 7.3% during the second quarter. Northern Trust Corp now owns 21,688,257 shares of the company’s stock worth $936,717,000 after purchasing an additional 1,470,112 shares during the period. Lindsell Train Ltd boosted its position in Mondelez International by 18.3% during the third quarter. Lindsell Train Ltd now owns 19,950,710 shares of the company’s stock worth $811,196,000 after purchasing an additional 3,086,000 shares during the period. Macquarie Group Ltd. boosted its position in Mondelez International by 1.0% during the third quarter. Macquarie Group Ltd. now owns 16,975,186 shares of the company’s stock worth $690,211,000 after purchasing an additional 175,487 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in Mondelez International by 0.3% during the third quarter. Bank of New York Mellon Corp now owns 16,967,667 shares of the company’s stock worth $689,906,000 after purchasing an additional 47,563 shares during the period. Institutional investors and hedge funds own 75.82% of the company’s stock.

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Mondelez International Company Profile

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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