Mondelez International Earnings Preview: What to Watch
Mondelez International (NASDAQ: MDLZ) is set to report its third-quarter earnings on Monday, Oct. 30, after the market close. It's crunch time for the maker of products including Trident gum and Triscuit crackers. The stock is down 7% year to date, following a trend of weak sales performance.
Here's what investors need to know.
Mondelez doesn't provide guidance on a quarterly basis, so we'll have to rely on Wall Street analysts' estimates for third-quarter sales and earnings expectations. Analysts are predicting revenue to grow 0.90% year over year to $6.46 billion, with earnings per share growing 7.8% year over year to $0.55.
Source: Fool.com
Mondelez International Inc. A Stock
€55.10
0.250%
With 37 Buy predictions and not a single Sell prediction Mondelez International Inc. A is an absolute favorite of our community.
As a result the target price of 59 € shows a slightly positive potential of 7.08% compared to the current price of 55.1 € for Mondelez International Inc. A.
