Mondelez International, Inc. (MDLZ), headquartered in Chicago, Illinois, manufactures, markets, and sells snack food and beverage products. Valued at $77.9 billion by market cap, the company manufactures and markets iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate. The global snacking giant is expected to announce its fiscal fourth-quarter earnings for 2024 on Tuesday, Feb. 4.
Ahead of the event, analysts expect MDLZ to report a profit of $0.67 per share on a diluted basis, down 20.2% from $0.84 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
