Mondelez International (NASDAQ:MDLZ – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07, Briefing.com reports. Mondelez International had a net margin of 10.97% and a return on equity of 16.58%. The company had revenue of $8.34 billion during the quarter, compared to the consensus estimate of $8.45 billion. During the same period in the previous year, the firm posted $0.76 EPS. The firm’s revenue was down 1.9% compared to the same quarter last year.
Mondelez International Stock Down 0.4 %
Shares of NASDAQ:MDLZ traded down $0.29 during trading on Thursday, reaching $68.06. 1,761,822 shares of the stock traded hands, compared to its average volume of 7,192,212. The stock has a 50-day moving average of $66.77 and a two-hundred day moving average of $69.85. Mondelez International has a 52-week low of $60.75 and a 52-week high of $77.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.63 and a current ratio of 0.77. The stock has a market cap of $91.29 billion, a P/E ratio of 21.70, a price-to-earnings-growth ratio of 2.78 and a beta of 0.53.
Mondelez International Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, October 14th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.47 per share. This is a boost from Mondelez International’s previous quarterly dividend of $0.43. The ex-dividend date is Monday, September 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.76%. Mondelez International’s dividend payout ratio is presently 53.97%.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on MDLZ
About Mondelez International
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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