Mondelez (MDLZ) Delivers Slightly Worse Than Expected Q4 EPS Results

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Mondelez International (MDLZ) PT Raised to $75 at BMO Capital

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

Mondelez (MDLZ) Misses Q4 EPS by 2c

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

Mondelez flags bigger supply chain hit to first quarter

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