Mondelez (MDLZ) Tops Q3 EPS by 1c
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Mondelēz International Reports Q3 2021 Results
November 2, 2021 4:05 PM EDTThird Quarter Highlights
Net revenues increased +7.8% driven by Organic Net Revenue1 growth of +5.5%, favorable currency and acquisitionsDiluted EPS was $0.89, up 14.1%; Adjusted EPS1 was $0.71, up +9.4% on a constant-currency basisYear-to-date cash provided by operating activities was $2.7 billion, an increase of +$0.4 billion versus prior year; year-to-date Free Cash Flow1 was $2.1 billion, an increase of +$0.4 billionReturned $3.2 billion of capital to shareholders year-to-dateRaising full-year 2021 Organic Net Revenue growth outlook to approximately 4.5%, reaffirming Adjusted EPS and Free Cash Flow outlookAnnounced target of net zero greenhouse gas emissions by 2050CHICAGO, Nov. 02, 2021... More
