Mondelez International (NASDAQ:MDLZ) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Mondelez International (NASDAQ:MDLZGet Free Report) announced its earnings results on Tuesday. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.05, FiscalAI reports. The company had revenue of $9.36 billion for the quarter, compared to analyst estimates of $9.21 billion. Mondelez International had a return on equity of 14.14% and a net margin of 6.64%. Mondelez International updated its FY 2026 guidance to 2.970-3.120 EPS.

Mondelez International Trading Up 3.0%

Shares of Mondelez International stock traded up $1.81 during midday trading on Tuesday, reaching $62.48. The company had a trading volume of 11,762,338 shares, compared to its average volume of 9,721,057. The stock has a fifty day moving average price of $60.86 and a 200 day moving average price of $59.32. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.54 and a quick ratio of 0.37. Mondelez International has a fifty-two week low of $51.20 and a fifty-two week high of $70.32. The firm has a market cap of $80.20 billion, a PE ratio of 31.08, a P/E/G ratio of 2.51 and a beta of 0.39.

Mondelez International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Tuesday, June 30th. Mondelez International’s payout ratio is 99.50%.

Institutional Trading of Mondelez International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. J.Safra Asset Management Corp purchased a new stake in Mondelez International in the 4th quarter valued at about $25,000. Advocate Investing Services LLC bought a new position in Mondelez International during the fourth quarter worth about $25,000. JPL Wealth Management LLC bought a new position in Mondelez International during the third quarter worth about $32,000. Kemnay Advisory Services Inc. purchased a new position in shares of Mondelez International in the fourth quarter worth about $28,000. Finally, Prosperity Bancshares Inc bought a new position in Mondelez International in the 4th quarter worth approximately $31,000. Institutional investors own 78.32% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a research note on Friday, May 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mondelez International in a report on Monday, July 20th. JPMorgan Chase & Co. boosted their target price on shares of Mondelez International from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen upped their price target on shares of Mondelez International from $65.00 to $67.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, BTIG Research initiated coverage on shares of Mondelez International in a research note on Tuesday, April 14th. They issued a “buy” rating and a $70.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mondelez International currently has an average rating of “Moderate Buy” and a consensus price target of $66.44.

Check Out Our Latest Report on Mondelez International

Mondelez International Company Profile

(Get Free Report)

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.

See Also

Earnings History for Mondelez International (NASDAQ:MDLZ)

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