Mondelez International, Inc. (MDLZ), a Confectioners corporation, was a bullish stock in the prior session. Mondelez International, Inc. (MDLZ) stock opened the market for trading at $50.97 and closed the day at $50.90 with momentum of +1.48%. The increase change in Mondelez International, Inc. (MDLZ) lagged the change in the NASDAQ, a tech heavy index, for the day which gained +1.91% in prior day.
Mondelez International, Inc. (MDLZ) is focused on the Confectioners sector. This sector has seen some movement from traders in recent market sessions. Bullish traders of Mondelez International, Inc. (MDLZ) will be looking for positive upcoming earnings whereas bearish traders of Mondelez International, Inc. (MDLZ) will be looking for negative earnings. The last time Mondelez International, Inc. (MDLZ) had an earnings surprise was on Qtr Ending 03/20 when they reported $0.69 compared to an estimate of $0.65 which was a difference of $+0.04 resulting in a change of +6.15%. Current earnings estimates are to be released for Current Qtr 06/2020 on Mondelez International, Inc. (MDLZ) and out of 7 Wall Street estimates the average is saying $0.55. The high estimate is saying $0.58 whereas the low estimate is saying $0.52 and the prior year Mondelez International, Inc. (MDLZ) announced earnings at $0.57 a growth rate est. (year over year) of -3.51%.
The market performance of Mondelez International, Inc. (MDLZ) has varied recently. Year to date Mondelez International, Inc. (MDLZ)’s shares are down -7.59%. Over the past 12 weeks Mondelez International, Inc. (MDLZ) is down -13.77% and over the last 4 weeks Mondelez International, Inc. (MDLZ) is down -2.75%. Mondelez International, Inc. (MDLZ) current income statement shows revenue (ttm) of $26.04B. Gross Profit is $10.34B. This puts the current EBITDA of Mondelez International, Inc. (MDLZ) at $5.14B.