Mondelez International’s Stock Drops 5% on Earnings Miss
Mondelez forecasts steep drop in annual profit on soaring cocoa prices
Cadbury-parent Mondelez International forecast a bigger-than-estimated drop in its annual profit on Tuesday, signaling pressures from higher costs, including from surging cocoa prices, sending its shares down nearly 6% after the bell.
This was the stock's third consecutive day of losses.
Jefferies analyst Robert Dickerson reiterated a Hold rating on Mondelez International (MDLZ – Research Report) yesterday and set a price target ...
Good day, and welcome to the Mondelez International Fourth Quarter 2024 and Full Year Earnings Conference Call. Today's call is scheduled to last about one hour, including remarks by Mondelez ...
In the heat of a turbulent year of soaring cocoa prices and political uncertainty, Mondelēz International managed to grow, ...
A look at the shareholders of Mondelez International, Inc. ( NASDAQ:MDLZ) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 80% ...
Mondelez International, an American multinational confectionery, snack food, and beverage company, is now a $77 billion (by ...
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