For the quarter ended March 2024, Mondelez (MDLZ) reported income of $9.29 billion, up 1.4% over the identical interval final yr. EPS got here in at $0.95, in comparison with $0.89 within the year-ago quarter.
The reported income represents a shock of +1.56% over the Zacks Consensus Estimate of $9.15 billion. With the consensus EPS estimate being $0.88, the EPS shock was +7.95%.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s worth efficiency extra precisely.
Right here is how Mondelez carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Geographic Income- North America: $2.65 billion versus $2.66 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -2.1% change.
- Geographic Income- Europe: $3.37 billion versus $3.27 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +1.8% change.
- Geographic Income- AMEA: $1.95 billion versus $1.92 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +0.6% change.
- Geographic Income- Latin America: $1.32 billion versus the five-analyst common estimate of $1.31 billion. The reported quantity represents a year-over-year change of +8.9%.
View all Key Company Metrics for Mondelez here>>>
Shares of Mondelez have returned +3% over the previous month versus the Zacks S&P 500 composite’s -2.5% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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Mondelez International, Inc. (MDLZ) : Free Stock Analysis Report
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