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Shares of Mondelez International (NASDAQ:MDLZ) fell 1.56% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share rose 10.53% year over year to $0.63, which beat the estimate of $0.56.
Revenue of $5,911,000,000 declined by 2.49% from the same period last year, which missed the estimate of $5,920,000,000.
Looking Ahead
Mondelez International hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
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Date: Jul 28, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/xrohpw7z
Recent Stock Performance
Company's 52-week high was at $59.96
52-week low: $41.19
Price action over last quarter: Up 8.13%
Company Overview
Mondelez has operated as an independent organization following its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (44% of sales), chocolate (32%), gum/candy (13%), beverage (4%), and cheese and grocery (7%) aisles. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, Trident, and Cadbury, among others. The firm derives just over one third of revenue from developing markets, a similar level from Europe, and the remainder from North America.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.