Boasting a market capitalization of $88.3 billion, Mondelez International, Inc. (MDLZ) is a global snacking powerhouse headquartered in Chicago, Illinois. The company produces and markets a portfolio of iconic brands, including Oreo, Ritz, LU, Clif Bar, and Tate's Bake Shop in the biscuit and baked snacks segment, along with well-known chocolate names like Cadbury Dairy Milk, Milka, and Toblerone. Mondelez is slated to report its first-quarter earnings on Tuesday, April 29.
Ahead of the event, analysts expect MDLZ to report a profit of $0.66 per share on a diluted basis, down 30.5% from $0.95 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in three of its last four quarterly reports.
