The Latest Breaking News from MDLZ

While Mondelez International underperformed the broader market this year, Wall Street analysts still see a modest upside in the stock.

The sky has been the limit for cocoa prices in 2024. Crop devastation has led to the highest price in history. Chocoholics worldwide are paying a pretty penny for their chocolate confectionery fix, and chocolate manufacturers are seeing their cost of goods sold skyrocket.

Mondelez International (NASDAQ:MDLZ) has observed the following analyst ratings within the last quarter:

Pulled from Benzinga Pro data, Mondelez International (NASDAQ:MDLZ) showed a loss in earnings since Q4, totaling $861.00 million. Sales, on the other hand, increased by 1.38% to $7.76 billion during Q1.

Mondelez International (NASDAQ:MDLZ) reported its Q1 earnings results on Tuesday, April 26, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

Mondelez International Inc (NASDAQ:MDLZ) has agreed to acquire Grupo Bimbo’s confectionery business, Ricolino, for $1.3 billion. The company expects the acquisition to double the size of its Mexico business and provide an attractive entry point into the chocolate category while expanding its presence in snacking.  Ricolino’s annual revenue is about $500 million. It employs 6,000 associates…

Mondelez International (NASDAQ:MDLZ) is set to give its latest quarterly earnings report on Tuesday, 2022-04-26. Here's what investors need to know before the announcement. Analysts estimate that Mondelez International will report an earnings per share (EPS) of $0.74.

The Russian-Ukraine conflict and rising inflation have led to heightened volatility and are raising the possibility of an economic downturn. Consumer defensive stocks are typically known to hold up well in such a tough market environment. Given this backdrop, it could be wise to buy the dip in consumer defensive…

Rio Tinto PLC (NYSE:RIO) became the first leading miner to suspend trading relations with Russian businesses, Reuters reports. Japan's Sony Group (NYSE:SONY) and Nintendo Co Ltd (OTC:NTDOF) (NTDOY) also halted deliveries of their gaming consoles. Credit Suisse Group AG (NYSE:CS) flagged a ~$900 million Russian credit exposure. Hitachi Construction Machinery Co Ltd (OTC:HTCMF) (OTC:HTCMY) looks to stop exports…