Mondelez (MDLZ) Tops Q1 EPS by 8c, Misses on Revenue; Offers Guidance
Mondelez (NASDAQ: MDLZ) reported Q1 EPS of $0.74, $0.08 better than the analyst estimate of $0.66. Revenue for the quarter came in at $9.31 billion versus the consensus estimate of $9.34 billion.
Mondelēz International provides its outlook on a non-GAAP basis, as the company cannot predict some elements that are included in reported GAAP results, including future changes in foreign currency rates. Refer to the Outlook section in the discussion of non-GAAP financial measures below for more details.
For 2025, the company reaffirms Organic Net Revenue growth to be approximately 5 percent and Adjusted EPS to decline approximately 10% on a constant currency basis due to unprecedented cocoa cost inflation. The company also expects 2025 Free Cash Flow of $3+ billion. The company currently estimates currency translation would not impact 2025 net revenue growth3 nor Adjusted EPS.
For earnings history and earnings-related data on Mondelez (MDLZ) click here.
