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%.
MDLZ is focusing on executing its long-term growth strategies and reshaping the portfolio while effectively navigating challenges like rising input costs.
Mondelez (MDLZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In a move that highlights the growing shift toward healthier bakery options in the UK, Oreo cookies maker Mondelēz International has made a first minority investment in local startup, Urban Legend, through its venture unit SnackFutures. Financial details were not disclosed.