Mondelez International (MDLZ) to Release Quarterly Earnings on Tuesday

Mondelez International (NASDAQ:MDLZ) will be announcing its earnings results after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.88 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Mondelez International (NASDAQ:MDLZ) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The company had revenue of $9.31 billion for the quarter, compared to analysts’ expectations of $9.31 billion. Mondelez International had a return on equity of 15.91% and a net margin of 13.77%. The business’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 EPS. On average, analysts expect Mondelez International to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Mondelez International Price Performance

NASDAQ:MDLZ opened at $69.41 on Tuesday. The stock has a market capitalization of $93.46 billion, a PE ratio of 19.12, a P/E/G ratio of 2.37 and a beta of 0.56. Mondelez International has a 1-year low of $60.75 and a 1-year high of $78.59. The firm has a fifty day simple moving average of $70.52 and a 200 day simple moving average of $70.51. The company has a current ratio of 0.62, a quick ratio of 0.43 and a debt-to-equity ratio of 0.60.

Mondelez International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were given a $0.425 dividend. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date was Wednesday, March 27th. Mondelez International’s dividend payout ratio (DPR) is presently 46.83%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on MDLZ shares. Citigroup cut their target price on shares of Mondelez International from $87.00 to $84.00 and set a “buy” rating for the company in a research note on Thursday, April 11th. Deutsche Bank Aktiengesellschaft raised their price objective on Mondelez International from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. JPMorgan Chase & Co. decreased their target price on Mondelez International from $82.00 to $76.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Barclays cut their price target on Mondelez International from $84.00 to $80.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Finally, StockNews.com downgraded shares of Mondelez International from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.89.

About Mondelez International

Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.