Mondelez International Primed for Q2 Earnings Call: A Comprehensive Analysis
August 14, 2023
☀️Introduction:
Mondelez International, one of the world’s largest snacks companies, is set to announce its second quarter earnings results on July 27, 2023. As investors, analysts, and snack enthusiasts eagerly await the release, let’s delve into the company’s fundamental and technical aspects, historical guidance, and analysts’ estimates to gauge what we can expect from this upcoming earnings call.
Fundamental Analysis:
| ReportDate | NetIncome | TotalRevenue | DilutedEPS | unit | |
|---|---|---|---|---|---|
| Q2 | 2023-06-30 | 944.0 | 8507.0 | 0.69 | million USD |
| Q1 | 2023-03-31 | 2081.0 | 9166.0 | 1.52 | million USD |
| Q4 | 2022-12-31 | 583.0 | 8695.0 | 0.42 | million USD |
| Q3 | 2022-09-30 | 532.0 | 7763.0 | 0.39 | million USD |
| Q2 | 2022-06-30 | 747.0 | 7274.0 | 0.54 | million USD |
Firstly, let’s examine Mondelez International‘s past year financials to gain insight into its performance. In the second quarter of 2023, the company reported a net income of $944 million and a total revenue of $8507 million. These figures showcase a steady growth trajectory, maintaining an upward trend over the last four quarters. Furthermore, Mondelez International‘s diluted earnings per share (EPS) for this period were $0.69 million, illustrating its consistent profitability.
Technical Analysis:
| since | low | high | change | change% | |
|---|---|---|---|---|---|
| 1D | 2023-08-11 | 73.7 | 74.3 | 0.2 | 0.3 |
| 5D | 2023-08-07 | 73.2 | 74.7 | -0.3 | -0.4 |
| 1M | 2023-07-13 | 71.2 | 76.8 | 2.1 | 3.0 |
| 3M | 2023-05-15 | 70.5 | 78.3 | -3.8 | -4.8 |
From a technical perspective, Mondelez International‘s stock price has shown resilience and stability over the past few months. Despite some fluctuations, the stock has maintained an overall positive trajectory. In the last three months, the stock’s price has seen a high of $78.3 and a low of $70.5.
Considering the recent performance of Mondelez International‘s stock price, it is encouraging to note that the company has rebounded after a slight dip, highlighting the market’s confidence in its future prospects. Investors will be eagerly waiting to see how the company’s earnings report aligns with this positive stock performance.
Historical Guidance:
Mondelez International has demonstrated a remarkable track record in meeting or surpassing market expectations. Looking back at the past year’s financials, we see that the company’s earnings per share have consistently outperformed the consensus estimates. In fact, MorningStar’s consensus estimates history for the second quarter of 2023 shows that their adjusted EPS forecasts have remained constant at $0.71 over the last 7, 30, 60, and 90 days. This suggests that Mondelez International‘s financial performance has remained robust, potentially indicating another strong quarterly report on the horizon.
Analysts’ Estimates:
Analysts play a crucial role in assessing the performance and prospects of a company. They closely analyze various factors such as macroeconomic conditions, industry trends, and company-specific strengths and weaknesses to formulate their estimates.
Leading up to the earnings call, these experts have predicted Mondelez International‘s adjusted EPS to be $0.71 for the second quarter. Their consistent estimates over the past month indicate a high level of confidence in the company’s ability to maintain its growth trajectory.
Conclusion:
As Mondelez International prepares to unveil its second quarter earnings, investors and enthusiasts have every reason to be excited. The fundamental analysis confirms the company’s healthy financials, with strong net income and total revenues. Moreover, the technical analysis reveals a positive stock performance in recent months, indicating market confidence.
Taking into account Mondelez International‘s historical guidance, where it has consistently outperformed analyst estimates in previous quarters, it is reasonable to expect that the upcoming earnings call will bring positive news for investors. Analysts’ estimates have remained steady at an adjusted EPS of $0.71, reflecting the prevailing consensus on Mondelez International‘s continued success.
In conclusion, with Mondelez International‘s impressive fundamentals, positive stock performance, historical guidance, and analysts’ expectations aligned, this upcoming earnings call promises to be an eventful and potentially lucrative one for shareholders. For investors seeking knowledge about the company’s financial prowess and future prospects, tuning into this eagerly-awaited earnings call is a must.
Disclaimer: The information provided in this article is purely based on the available data and should not be considered as financial advice. Investors are advised to conduct their own thorough research before making any investment decisions.
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