Explore how Mondelez's (MDLZ) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Sales volumes return to growth on a quarterly basis, but YTD are still negative. The acquisition of other companies leads the company to reach its goal for 2030: to generate 90% of revenues from the Chocolate, Cookies, and Baked Snacks segment. Based on valuation multiples, Mondelez is not undervalued. However, it is rewarding its shareholders through growing dividends and buybacks.
MDLZ reports strong Q3 results, with year-over-year increases in sales and earnings, along with the acquisition of a majority stake in Evirth.
The headline numbers for Mondelez (MDLZ) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Mondelez International, Inc. (NASDAQ:MDLZ ) Q3 2024 Earnings Call Transcript October 29, 2024 5:00 PM ET Company Participants Shep Dunlap - SVP, IR Dirk Van de Put - Chairman and CEO Luca Zaramella - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan John Baumgartner - Mizuho Securities David Palmer - Evercore ISI Peter Galbo - Bank of America Chris Carey - Wells Fargo Securities Tom Palmer - Citi Operator Good day, and welcome to the Mondelez International Third Quarter 2024 Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Mondelez Management and the question-and-answer session.
Mondelez (MDLZ) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.82 per share a year ago.
Mondelez International beat Wall Street expectations for third-quarter revenue on Tuesday, as the Cadbury parent's efforts to provide its products at different price points drove a sequential improvement in sales volumes.
Evaluate the expected performance of Mondelez (MDLZ) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Mondelez's Q3 results are likely to reflect gains from brand strength, especially in the core chocolate and biscuit categories.
Mondelez (MDLZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JDE Peet's also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it's sales have put it on track to achieve its full-year outlook
German conglomerate JAB said on Monday it will acquire Mondelez's minority stake in Dutch coffee maker JDE Peet's in a 2.2 billion euro ($2.4 billion) deal that will increase JAB's holding to 68%.