DEERFIELD, Ill., June 29, 2019 – Shares of Mondelez International Inc. (NASDAQ: MDLZ) declined -0.41% to $53.90. The stock traded total volume of 8.55M shares lower than the average volume of 6.38M shares.
Mondelez International Inc. (MDLZ) reported first-quarter profit of $914.0M. On a per-share basis, the Deerfield, Illinois-based Company said it had net income of 63 cents. Earnings, adjusted for non-recurring costs, came to 65 cents per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 61 cents per share.
The maker of Oreo cookies, Cadbury chocolate and Trident gum posted revenue of $6.54B in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $6.43B.
MDLZ has the market capitalization of $77.93B and its EPS growth ratio for the past five years was 12.10%. The return on investment ratio of the Company stands at 5.50%. Price to sales ratio was 3.03 while 79.20% of the stock was owned by institutional investors.