Mondelez International (NASDAQ: MDLZ) is set to announce its financial results for the third quarter of 2024 on Tuesday 29th October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
Financial experts on Wall Street anticipate that the establishment is set to announce an estimated $0.85 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $9.11 billion for this specific period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $36.6 billion. Further, they expect the earnings per share to achieve profit of $3.49 for the fiscal year.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.82 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.86 | +13.2% | 8.34 B | -1.9% |
| Q1 2024 | $0.95 | +6.7% | 9.29 B | +1.4% |
| Q4 2023 | $0.84 | +15.1% | 9.31 B | +7.1% |
| Q3 2023 | $0.82 | +10.8% | 9.03 B | +16.3% |
| Q2 2023 | $0.76 | +13.4% | 8.51 B | +17.0% |
| *Growth on year-over-year basis | ||||
MDLZ has scheduled a conference call on 29th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Friday's trading saw Mondelez International (MDLZ) shares hit a low of $69.17 and a high of $70.31, with a day volume of 6.18 million shares. The stock closed the regular trading session at $69.23, reflecting 1.03 percent drop.
