Mondelez International Earnings: Here’s Why the Stock is Up Now

Mondelez International (NASDAQ:MDLZ) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.29%.

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Mondelez International Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 40.35% to $0.34 in the quarter versus EPS of $0.57 in the year-earlier quarter.

Revenue: Decreased 33.22% to $8.74 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Mondelez International reported adjusted EPS income of $0.34 per share. By that measure, the company met the mean analyst estimate of $0.34. It beat the average revenue estimate of $8.68 billion.

Quoting Management: “Our first quarter results were in line with the expectations we outlined earlier this year as we work through some near-term headwinds,” said Irene Rosenfeld, Chairman and CEO. “Although we’re not satisfied that our top-line growth remained below our long-term target, our results show that we’ve built solid underlying momentum. And I’m confident that we’ll deliver our 2013 commitments as we continue to leverage our advantaged category mix, leading market positions and strong geographic footprint, particularly in emerging markets2.”

Key Stats (on next page)…

Revenue decreased 304.63% from $4.27 billion in the previous quarter. EPS decreased 5.56% from $0.36 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.40 to a profit $0.39. For the current year, the average estimate has moved down from a profit of $1.58 to a profit of $1.56 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)