NEW YORK (TheStreet) -- Mondelez Int'l (MDLZ) - Get Report is scheduled to report its 2016 third quarter earnings before Wednesday's opening bell.

Analysts surveyed by FactSet are looking for the Deerfield, IL-based snack and candy maker to post adjusted earnings of 43 cents per share on revenue of $6.45 billion.

During the same quarter last year, Mondelez earned 42 cents per diluted share on revenue of $6.85 billion.

In July, Hershey (HSY) rejected a $23 billion takeover offer from Mondelez. In late August, Mondelez said it was no longer pursuing a combination with the company.

Shares of Mondelez were flat in mid-afternoon trading on Tuesday.

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Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on Mondelez stock.

The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth and increase in net income.

The team believes its strengths outweigh the fact that the company shows weak operating cash flow.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

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

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