Analysts anticipate Mondelez International to report an earnings per share (EPS) of $0.85.
The market awaits Mondelez International's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.07, leading to a 1.94% increase in the share price the following trading session.
Here's a look at Mondelez International's past performance and the resulting price change:
Quarter
Q2 2024
Q1 2024
Q4 2023
Q3 2023
EPS Estimate
0.79
0.83
0.77
0.74
EPS Actual
0.86
0.95
0.84
0.82
Price Change %
2.0%
-2.0%
-1.0%
2.0%
Mondelez International Share Price Analysis
Shares of Mondelez International were trading at $69.23 as of October 25. Over the last 52-week period, shares are up 5.43%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Opinions on Mondelez International
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Mondelez International.
The consensus rating for Mondelez International is Buy, derived from 10 analyst ratings. An average one-year price target of $79.4 implies a potential 14.69% upside.
Peer Ratings Overview
The analysis below ...
