Mondelez (MDLZ) Delivers Slightly Worse Than Expected Q4 EPS Results
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January 28, 2022 7:27 AM EST
BMO Capital analyst Kenneth Zaslow raised the price target on Mondelez International (NASDAQ: MDLZ) to $75.00 (from $67.00) while maintaining an Outperform rating.
The analyst commented, "First, MDLZs 4Q/2021 EPS of $0.71 fell short of consensus as strength in Europe was more than... More
January 27, 2022 4:11 PM EST
Mondelez (NASDAQ: MDLZ) reported Q4 EPS of $0.71, $0.02 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $7.66 million versus the consensus estimate of $7.6 million.
2022 Outlook:
Mondelz International provides its outlook on a non-GAAP basis, as... More
January 27, 2022 4:09 PM EST
(Reuters) -Mondelez International Inc said on Thursday it expects to face a larger impact from supply chain snags in its key North American segment in the current quarter, as the chocolatier grapples with labor shortages and inflationary pressures.
Shares of the Chicago-based Oreo cookie maker were down about 2% after the bell, as the company's gross margin declined to 37% in the fourth quarter from 39.4% a year earlier.
Packaged food makers have been struck by soaring shipping and... More
