Mondelez (MDLZ) Lags Q4 Earnings and Revenue Estimates

Core Viewpoint - Mondelez (MDLZ) reported quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.66 per share, and down from $0.84 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was -1.52%, with the company previously expected to post earnings of $0.85 per share but actually reporting $0.99 per share in the prior quarter, resulting in a surprise of 16.47% [2] - Mondelez's revenues for the quarter ended December 2024 were $9.6 billion, missing the Zacks Consensus Estimate by 0.91%, compared to $9.31 billion in the same quarter last year [3] - Over the last four quarters, Mondelez has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2][3] Stock Performance and Outlook - Mondelez shares have declined approximately 3.9% since the beginning of the year, while the S&P 500 has gained 1.9% [4] - The company's earnings outlook is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [7] - The current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $9.47 billion, and for the current fiscal year, it is $3.25 on revenues of $37.55 billion [8] Industry Context - The Food - Miscellaneous industry, to which Mondelez belongs, is currently ranked in the bottom 21% of over 250 Zacks industries, suggesting potential challenges for stock performance [9]