earnings
confidence high
sentiment positive
materiality 0.85
Mondelēz Q3 adj EPS $0.82 beats; raises FY organic revenue growth to 14-15%
Mondelez International, Inc.
2023-Q3 EPS reported
$2.92
revenue$26,702,000,000
- Net revenues $9.03B, +16.3% YoY; Organic net revenue +15.7% with volume/mix +3.8pp.
- Diluted EPS $0.72 (+84.6%); Adjusted EPS $0.82 (+16.7% constant currency).
- Raised FY organic net revenue growth outlook to 14-15% and adj EPS growth to ~16%.
- Latin America organic revenue +35.1%; North America +11.4% with +4.6pp volume/mix.
- Closed $1.4B divestiture of developed market gum business during Q3.