SoFi shares rise as record revenue, member growth drive strong Q3 results
Investing.com--Mondelez on Tuesday warned of a bigger hit to annual profit and slower revenue growth that previously expected amid trade uncertainty and rising cocoa prices.
Mondelez International Inc (BMV:MDLZ) shares were more than 4% lower in recent after-hours trade following the report.
Mondelez announced earnings per share of $0.73 on revenue of $9.74B. Analysts polled by Investing.com anticipated EPS of $0.72 on revenue of $9.73B.
Gross profit margin decreased 5.8% basis points to 26.8%, pressured by higher raw material and transportation costs and an unfavorable mix.
For 2025, the company said it now expects organic net revenue growth of above 4% and adjusted EPS to decline approximately 15% on a constant currency basis, compared with prior guidance for organic net revenue growth of about 5% and adjusted EPS to decline approximately 10%.
