Mondelez (MDLZ) Stock is the ‘Chart of the Day’ - TheStreet

NEW YORK (TheStreet) -- Mondelez International (MDLZ) - Get Report will release its 2015 third quarter earnings results before the market open on Wednesday morning.

Analysts are expecting the snack foods maker to report a year over year decline in both earnings per share and revenue for the most recent quarter.

The company has been forecast by analysts surveyed by Thomson Reuters to report earnings of 41 cents per share on revenue of $6.81 billion for the September ended period.

Mondelez International's adjusted earnings came in at 50 cents per share on revenue of $8.33 billion for the 2014 third quarter.

The company is a Deerfield, IL-based snack products producer with brands including Oreo, Chips Ahoy, Honey Maid, Philadelphia, Premium, Sour Patch Kids, Newtons and Triscuit.

Shares of Mondelez International are down by 0.18% to $46.72 in early afternoon trading on Tuesday. 

Additionally, Mondelez International has been identified by TheStreet's Chris Versace and Bob Lang as the Trifecta Stocks' "Chart of the Day." Here is what Versace and Land had to say about it:

It's hard to believe that a slow-growth consumer company could be performing so well in this tough market, but Mondelez is at the head of the class. We can see on the chart the nice W pattern formed, indicating that a bullish outcome is likely here.

The stock has been under steady accumulation for weeks and shows impressive relative strength. The recent highs near $46 match the highs drawn from early August (the below off top being the exception).

Momentum indicators are strong and in position for more gains. Movement above the $47 level could see the stock challenge all-time highs in short order.

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-Chris Versace and Bob Lang, "Chart of the Day" Originally Published on 10/27/2015 on Trifecta Stocks.

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Separately, TheStreet Ratings team rates MONDELEZ INTERNATIONAL INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

We rate MONDELEZ INTERNATIONAL INC (MDLZ) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel its strengths outweigh the fact that the company shows weak operating cash flow.

You can view the full analysis from the report here: MDLZ