Published on 2 May 2024 on Simply Wall St. via Yahoo Finance
Mondelez International, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This...
Mondelez International, Inc. (NASDAQ:MDLZ) came out with its first-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks like a credible result overall - although revenues of US$9.3b were what the analysts expected, Mondelez International surprised by delivering a (statutory) profit of US$1.04 per share, an impressive 20% above what was forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Mondelez International after the latest results.
Check out our latest analysis for Mondelez International
