Mondelez (MDLZ) Tops Q4 EPS by 1c

Mondelez (NASDAQ: MDLZ) reported Q4 EPS of $0.57, $0.01 better than the analyst estimate of $0.56. Revenue for the quarter came in at $6.97 billion versus the consensus estimate of $6.97 billion.

2018 Outlook

Mondelēz International provides guidance on a non-GAAP basis, as the company cannot predict some elements that are included in reported GAAP results, including the impact of foreign exchange. Refer to the Outlook section in the discussion of non-GAAP financial measures below for more details.

For 2018, the company expects Organic Net Revenue to increase 1 to 2 percent. The company expects Adjusted Operating Income margin of approximately 17 percent. The company also expects double-digit Adjusted EPS growth on a constant-currency basis. This 2018 outlook includes an expected Adjusted Effective Tax Rate in the low-to-mid 20 percent range, including our current view of the expected impact of U.S. tax reform. The company estimates currency translation would increase net revenue growth by approximately 4 percent3 and Adjusted EPS by approximately $0.123

For earnings history and earnings-related data on Mondelez (MDLZ) click here.

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