Mondelez Expected to Post Higher 4Q Sales as FY Guidance Comes Into Focus -- Earnings Preview

Dow Jones02:47

By Kelly Cloonan

 

Mondelez International is set to release fourth-quarter results on Tuesday after the market closes. Here is what you need to know.

PROFIT: The company is expected to post a profit of $888.1 million, or 69 cents a share, according to analysts polled by FactSet. That's compared with a profit of $1.75 billion, or $1.30 a share, in the same quarter a year earlier.

ADJUSTED EARNINGS: Analysts expect adjusted earnings per share of 70 cents, according to FactSet.

SALES: Quarterly revenue is projected to rise to $10.31 billion from $9.6 billion a year earlier.

The stock has ticked up 2% in the last three months and was recently trading at $58.76.

WHAT TO WATCH

- Investors will be taking a close look at Mondelez's guidance for the full year. The company is facing a number of moving parts in 2026, including uncertainty on end market demand, pricing elasticities and cost inflation and deflation, UBS analysts say. "As such, we think investors are braced for the company's initial outlook to embed an appropriate degree of flexibility at this stage," they say, noting many investors would not be surprised to see the company guide to high-single digit earnings per share growth.

- Wall Street will also be looking for commentary on cocoa costs. Mondelez has appeared optimistic that cost pressures in its chocolate business could ease this year after years of climbing cocoa prices. "It's certainly going to be positive, even if cocoa is trading at the level that is quite higher compared to historical norms," CFO Luca Zaramella said during a call with analysts in October. D.A. Davidson analysts note that cocoa prices have fallen by about 65% over the last twelve months and roughly 31% since October, helped in part by increased global inventories and favorable weather.

- Investors will be keeping an eye on regional trends in Mondelez's results. D.A. Davidson analysts say their conversations with the company suggest trends in Europe have stabilized in some areas, though it's too soon to call an inflection, while North America remains challenged overall with soft trends in the grocery channel. Emerging markets, meanwhile, have slowed, they say. "That said, the above all seems reasonably accounted for within the implied 4Q outlook," they say.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

February 02, 2026 13:47 ET (18:47 GMT)

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