Mondelez (MDLZ) Tops Q3 EPS by 14c. reaffirms outlook

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Mondelez (NASDAQ: MDLZ) reported Q3 EPS of $0.99, $0.14 better than the analyst estimate of $0.85. Revenue for the quarter came in at $9.2 billion versus the consensus estimate of $9.11 billion.
"For 2024, the company reaffirms Organic Net Revenue growth to be at the upper end of 3 to 5 percent and high single-digit Adjusted EPS growth on a constant currency basis based on 2023 Adjusted EPS incl. developed market gum. The company expects 2024 Free Cash Flow of $3.5+ billion. The company estimates currency translation would decrease 2024 net revenue growth by approximately 1.5 percent with a negative $0.11 impact to Adjusted EPS."
For earnings history and earnings-related data on Mondelez (MDLZ) click here.
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