Mondelez Slips 4% as Earnings Miss and 2025 Outloo…
From Financial Modeling Prep: 2025-02-05 08:23:00
Mondelez International (NASDAQ:MDLZ) stock dropped over 4% in pre-market trading due to weaker-than-expected Q4 earnings and a cautious 2025 outlook. Q4 earnings per share were $0.65, missing the $0.68 forecast, with revenue at $9.6 billion versus $9.72 billion expected. Full-year 2024 results were strong, but 2025 EPS is projected to decline by 10% due to rising cocoa costs. The company expects 5% organic revenue growth in 2025 and over $3 billion in free cash flow. Investors are concerned about profitability with cocoa prices at record highs.
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