Market Overview

Recap: Mondelez International Q2 Earnings

Share:

Shares of Mondelez International (NASDAQ:MDLZ) fell 1.56% in after-market trading after the company reported Q2 results.

Quarterly Results

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

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.

 

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Posted-In: Earnings