With a market cap of $87.5 billion, Mondelez International, Inc. (MDLZ) is a global leader in snacks and beverages, offering a wide range of products across various regions worldwide based in Chicago, Illinois. The company is expected to announce its fiscal Q2 earnings results on Thursday, Jul. 25.
Ahead of the event, analysts expect MDLZ to report a profit of $0.78 per share, up 2.6% from $0.76 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. Steady demand for its pricey products, such as chocolates and salted crackers, helped the company surpass the consensus EPS estimate by nearly 8% in the most recent quarter.
