Mondelez (MDLZ) Tops Q4 EPS by 6c, offers guidance

Mondelez (NASDAQ: MDLZ) reported Q4 EPS of $0.84, $0.06 better than the analyst estimate of $0.78. Revenue for the quarter came in at $9.32 billion versus the consensus estimate of $9.3 billion.

For 2024, the company expects Organic Net Revenue growth of 3 to 5 percent, high single-digit Adjusted EPS growth on a constant currency basis based on 2023 Adjusted EPS incl. developed market gum. The company expects for 2024 Free Cash Flow of $3.5+ billion. The company estimates currency translation would decrease 2024 net revenue growth by approximately 0.5 percent with a negative $0.03 impact to Adjusted EPS.

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

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