Mondelez International (NASDAQ:MDLZ – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06, Briefing.com reports. The company had revenue of $9.29 billion during the quarter, compared to analyst estimates of $9.16 billion. Mondelez International had a net margin of 13.77% and a return on equity of 15.91%. The company’s revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the business posted $0.89 earnings per share.
Mondelez International Stock Up 0.2 %
MDLZ stock traded up $0.11 during trading on Tuesday, hitting $71.94. 10,609,834 shares of the company’s stock traded hands, compared to its average volume of 7,950,326. The business has a fifty day simple moving average of $70.45 and a two-hundred day simple moving average of $70.79. The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 0.60. Mondelez International has a 1 year low of $60.75 and a 1 year high of $78.54. The firm has a market capitalization of $96.87 billion, a P/E ratio of 19.98, a PEG ratio of 2.46 and a beta of 0.56.
Mondelez International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, March 28th were given a dividend of $0.425 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date of this dividend was Wednesday, March 27th. Mondelez International’s payout ratio is 46.83%.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Mondelez International
Mondelez International Company Profile
Mondelez International, Inc, through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.
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