Mondelez (NASDAQ:MDLZ) Posts Q4 Sales In Line With Estimates
Packaged snacks company Mondelez (NASDAQ:MDLZ) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 3.1% year on year to $9.60 billion. Its non-GAAP profit of $0.65 per share was in line with analysts’ consensus estimates.
Mondelez Q4 Earnings Miss Estimates Amid Increased Cocoa Costs
Mondelez International, Inc. MDLZ posted fourth-quarter 2024 results, with the top line increasing year over year but missing the Zacks Consensus Estimate. The bottom line decreased from the year-ago quarter’s level and missed the consensus mark amid a challenging operating environment marked by cocoa cost inflation.
Mondelez International, Inc. (MDLZ) Q4 2024 Earnings Call Transcript
Good day, and welcome to the Mondelez International Fourth Quarter 2024 and Full Year 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 International Expects 2025 Earnings to Drop Amid Soaring Cocoa Costs
The company is specifically focused on its chocolate business as it navigates cocoa cost inflation, Chief Executive Dirk Van de Put said. The company previously said it expects to raise prices.
Mondelez: Q4 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Mondelez International Inc. (MDLZ) on Tuesday reported fourth-quarter net income of $1.75 billion. On a per-share basis, the Chicago-based company said it had net income of $1.30. Earnings, adjusted for non-recurring gains, came to 65 cents per share.
Mondelez forecasts steep drop in annual profit on soaring cocoa prices
(Reuters) -Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices, sending its shares down nearly 6% after the bell.
Mondelez price target lowered to $56 from $63 at Piper Sandler
Piper Sandler lowered the firm’s price target on Mondelez (MDLZ) to $56 from $63 and keeps a Neutral rating on the shares. While Mondelez had ...
Mondelez International Inc (MDLZ) Q4 2024 Earnings Call Highlights: Strong Revenue Growth Amid ...
Mondelez International Inc (MDLZ) reports robust revenue growth and shareholder returns, while navigating high cocoa costs and market headwinds.
Snacks Giant Mondelez Q4 Earnings: Sales Miss, EPS Falls Short, Cocoa Inflation Threatens 2025 & More
Mondelez International reported Q4 revenue of $9.60 billion, falling below estimates. While gross profit rose 6.9%, cocoa ...
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Mondelez (MDLZ) To Report Earnings Tomorrow: Here Is What To Expect
Packaged snacks company Mondelez (NASDAQ:MDLZ) will be announcing earnings results tomorrow afternoon. Here’s what to expect.
MDLZ Earnings: Mondelez International’s Stock Drops 5% on Earnings Miss
The stock of Mondelez International is down 5% after the snack food company reported mixed financial results for the fourth and final quarter ...
Mondelez International Inc. Cl A stock underperforms Tuesday when compared to competitors
This was the stock's third consecutive day of losses.