Mondelēz Q1 2023 Earnings Preview
MondelÄz (NASDAQ:MDLZ) is scheduled to announce Q1 earnings results on Thursday, April 27th, after market close.
The consensus EPS Estimate is $0.81 (-3.6% Y/Y) and the consensus Revenue Estimate is $8.43B (+8.6% Y/Y).
Over the last 2 years, MDLZ has beaten EPS estimates 88% of the time and has beaten revenue estimates 100% of the time.

Over the last 3 months, EPS estimates have seen 2 upward revisions and 11 downward. Revenue estimates have seen 11 upward revisions and 0 downward.

Analysts Rating: Deutsche Bank analyst Steve Powers raised the price target to $76 from $73 and maintains a Buy rating on the shares ahead of the Q1 results.
Morgan Stanley Analyst Pamela Kaufman raised the price target to $77 from $75 and keeps an Overweight rating on the shares. Morgan Stanley sees Q1 EPS above-consensus and stable 2023 fundamentals across the group, adding that it prefer companies with "strong topline growth prospects as pricing benefits wane."
Recent earnings Analysis from our contributors:Mondelez: Impressive And Steady EPS Growth With A Bullish Chart, But Pricey