Mondelez International (MDLZ) Stock: Gaining Big On Strong Earnings

Mondelez International Inc (NASDAQ: MDLZ) is having an overwhelmingly strong start to the trading session this morning, and for good reason. The company reported earnings, not only beating expectations, but proving exponential growth on a year over year basis. Of course, this led to excitement, sending the stock screaming toward the top and prompting our friends at Trade Ideas to send the alert. Below, we’ll talk about what we saw from earnings, how MDLZ reacted to the news, and what we’ll be watching for ahead.





MDLZ Reports Earnings

As mentioned above, Mondelez International is having an overwhelmingly strong start to the trading session this morning after reporting its earnings for the third quarter. Here’s what we saw from the report:




  • Profit – In terms of profit, MDLZ did overwhelmingly well. During the third quarter, the company generated profit in the amount of $992 million or $0.65 per share. That’s a massive increase on a year over year basis from $548 million in profit or $0.35 per share.
  • Earnings Per Share – With the exclusion of one-time gains and costs, MDLZ reported incredibly strong earnings per share. During the quarter, analysts expected that the company would report adjusted earnings per share in the amount of $0.54. However, the company actually reported earnings in the amount of $0.57 per share.
  • Revenue – Finally, revenue also proved to be a big hit for Mondelez International. During the quarter, analysts expected that the company would generate revenue in the amount of $6.46 billion. However, the company actually reported revenue in the amount of $6.53 billion, once again topping expectations.

In a statement, Irene Rosenfeld, CEO at MDLZ, had the following to offer:

We’re making good progress on many of our key strategic initiatives and remain confident in our ability to deliver long-term, sustainable growth on both the top and bottom lines.”

How The Stock Reacted To The News

As we’ve come to expect, any time we see positive earnings results, we can expect to see gains in the value of the stock associated with the earnings. That’s exactly what we’re seeing out of MDLZ today. Currently (9:57), the stock is trading at $41.90 per share after a gain of $2.60 per share or 6.62% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on MDLZ. In particular, we’re interested in following the ongoing growth as the company saw some compelling movement in the third quarter. It is expected that this momentum will continue through Q4. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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