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Compared to Estimates, Mondelez (MDLZ) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2024, Mondelez (MDLZ - Free Report) reported revenue of $9.29 billion, up 1.4% over the same period last year. EPS came in at $0.95, compared to $0.89 in the year-ago quarter.
The reported revenue represents a surprise of +1.56% over the Zacks Consensus Estimate of $9.15 billion. With the consensus EPS estimate being $0.88, the EPS surprise was +7.95%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Mondelez performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenue- North America: $2.65 billion versus $2.66 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -2.1% change.
Geographic Revenue- Europe: $3.37 billion versus $3.27 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.
Geographic Revenue- AMEA: $1.95 billion versus $1.92 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change.
Geographic Revenue- Latin America: $1.32 billion versus the five-analyst average estimate of $1.31 billion. The reported number represents a year-over-year change of +8.9%.
Shares of Mondelez have returned +3% over the past month versus the Zacks S&P 500 composite's -2.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, Mondelez (MDLZ) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2024, Mondelez (MDLZ - Free Report) reported revenue of $9.29 billion, up 1.4% over the same period last year. EPS came in at $0.95, compared to $0.89 in the year-ago quarter.
The reported revenue represents a surprise of +1.56% over the Zacks Consensus Estimate of $9.15 billion. With the consensus EPS estimate being $0.88, the EPS surprise was +7.95%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Mondelez performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Geographic Revenue- North America: $2.65 billion versus $2.66 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -2.1% change.
- Geographic Revenue- Europe: $3.37 billion versus $3.27 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.
- Geographic Revenue- AMEA: $1.95 billion versus $1.92 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change.
- Geographic Revenue- Latin America: $1.32 billion versus the five-analyst average estimate of $1.31 billion. The reported number represents a year-over-year change of +8.9%.
View all Key Company Metrics for Mondelez here>>>Shares of Mondelez have returned +3% over the past month versus the Zacks S&P 500 composite's -2.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.