NASDAQ$MDLZ
Mondelez International Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Mondelēz International's financial performance demonstrated resilience and strength in Q3 2022.
Mondelēz International reported an 8.1% increase in net revenues, driven by a 12.1% growth in Organic Net Revenue. Adjusted EPS rose by 15.7% on a constant currency basis, and the company raised its full-year revenue and earnings outlook.
- Net revenues increased by 8.1%, with Organic Net Revenue growth of 12.1%.
- Diluted EPS was $0.39, while Adjusted EPS was $0.74, up 15.7% on a constant currency basis.
- Free Cash Flow was $1.9 billion, a decrease of $0.2 billion versus prior year.
- The company raised its Organic Net Revenue growth outlook to 10%+ and Adjusted EPS growth outlook to 10+%
Headline financials
Revenue & EPS history
Mondelez · Revenue · Quarterly
$7.76B
Forward guidance
Mondelēz International updated its 2022 fiscal outlook and now expects 10+% Organic Net Revenue growth and 10+% Adjusted EPS growth on a constant currency basis. The company’s Free Cash Flow outlook remains at $3+ billion.
Tailwinds
- Expects 10+% Organic Net Revenue growth
- Expects 10+% Adjusted EPS growth on a constant currency basis
- Free Cash Flow outlook remains at $3+ billion
- Reflects the strength of year-to-date performance
- Outlook is provided in the context of greater than usual volatility as a result of COVID-19 and geopolitical uncertainty.
Headwinds
- Currency translation would decrease 2022 net revenue growth by approximately 6.4%
- Currency translation has a negative $0.26 impact to Adjusted EPS
- Includes a Clif Bar one-time compensation expense of $0.3 billion related to the buyout of the non-vested employee stock ownership plan shares.
- Outlook is provided in the context of greater than usual volatility as a result of COVID-19
- Outlook is provided in the context of greater than usual volatility as a result of geopolitical uncertainty
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.6%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+1.2%
Avg return
30 days after
55%
41 / 74 earnings
Positive
+8.0%
Q3 2014
Best reaction
-9.4%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.0% | +4.9% | +4.5% | |
| Q4 2025 | +5.1% | +2.1% | -1.8% | |
| Q3 2025 | -4.0% | -5.9% | -4.4% | |
| Q2 2025 | -6.6% | -8.9% | -11.9% | |
| Q1 2025 | +3.8% | +3.3% | +2.8% | |
| Q4 2024 | +2.3% | +4.3% | +20.7% | |
| Q3 2024 | +0.4% | -1.5% | -6.4% | |
| Q2 2024 | +1.9% | +5.3% | +5.4% | |
| Q1 2024 | -1.6% | -2.7% | -5.5% | |
| Q4 2023 | -0.6% | +1.5% | -3.5% | |
| Q3 2023 | +2.7% | +3.1% | +7.0% | |
| Q2 2023 | +1.9% | +0.9% | -2.9% | |
| Q1 2023 | +6.1% | +7.3% | +3.9% | |
| Q4 2022 | +2.9% | +1.7% | +0.8% | |
| Q3 2022 | +1.8% | +2.8% | +10.8% | |
| Q2 2022 | +1.4% | +2.0% | +2.7% | |
| Q1 2022 | -2.6% | -2.0% | -5.0% | |
| Q4 2021 | -0.3% | +0.1% | +0.2% | |
| Q3 2021 | +2.3% | +2.2% | -2.4% | |
| Q2 2021 | -2.2% | -2.4% | -5.2% | |
| Q1 2021 | +3.6% | +3.5% | +7.7% | |
| Q4 2020 | -1.7% | -0.5% | -5.8% | |
| Q3 2020 | +2.4% | +5.1% | +9.5% | |
| Q2 2020 | +2.2% | -0.2% | +4.6% | |
| Q1 2020 | -0.8% | -1.5% | -0.1% | |
| Q4 2019 | +7.2% | +4.9% | -3.7% | |
| Q3 2019 | -0.7% | -0.7% | +0.6% | |
| Q2 2019 | -2.5% | -2.0% | +0.8% | |
| Q1 2019 | +2.2% | +2.4% | +1.4% | |
| Q4 2018 | +6.5% | +6.2% | +8.7% | |
| Q3 2018 | +5.0% | +4.7% | +10.7% | |
| Q2 2018 | +4.2% | +3.6% | +2.1% | |
| Q1 2018 | -4.1% | -1.5% | -0.6% | |
| Q4 2017 | +3.5% | -0.9% | +0.2% | |
| Q3 2017 | +1.8% | +0.7% | +5.6% | |
| Q2 2017 | -0.5% | +0.8% | -6.3% | |
| Q1 2017 | +2.2% | +1.7% | +6.6% | |
| Q4 2016 | +1.0% | +2.2% | -0.5% | |
| Q3 2016 | +2.7% | +5.1% | +1.2% | |
| Q2 2016 | -2.4% | -3.9% | -4.8% | |
| Q1 2016 | +2.1% | — | — | |
| Q4 2015 | -9.4% | — | — | |
| Q3 2015 | -0.7% | — | — | |
| Q2 2015 | +4.7% | — | — | |
| Q1 2015 | +4.3% | — | — | |
| Q4 2014 | +3.3% | — | — | |
| Q3 2014 | +8.0% | — | — | |
| Q2 2014 | -2.5% | — | — | |
| Q1 2014 | +7.3% | — | — | |
| Q4 2013 | +2.2% | — | — | |
| Q3 2013 | -4.0% | — | — | |
| Q2 2013 | +2.6% | — | — | |
| Q1 2013 | -0.7% | — | — | |
| Q4 2012 | -4.0% | — | — | |
| Q3 2012 | -0.9% | — | — | |
| Q2 2012 | +2.8% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q3 2011 | -1.2% | — | — | |
| Q2 2011 | -0.2% | — | — | |
| Q1 2011 | +0.4% | — | — | |
| Q4 2010 | -0.5% | — | — | |
| Q3 2010 | -2.1% | — | — | |
| Q2 2010 | -0.8% | — | — | |
| Q1 2009 | +4.5% | — | — | |
| Q1 2010 | -0.6% | — | — | |
| Q4 2009 | -2.2% | — | — | |
| Q3 2008 | -3.5% | — | — | |
| Q3 2009 | -3.5% | — | — | |
| Q4 2007 | -3.5% | — | — | |
| Q4 2006 | -3.5% | — | — | |
| Q2 2009 | +0.1% | — | — | |
| Q2 2008 | +0.1% | — | — | |
| Q4 2008 | +0.1% | — | — |
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