US Stocks Move | Mondelez drops 4.5% pre-market as Q4 results remain solid but 2026 guidance disappoints
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Gelonghui, February 4th|Oreo manufacturer and US food giant Mondelez (MDLZ.US) dropped 4.5% in pre-market trading. According to reports, Mondelez announced solid fourth-quarter results, with adjusted earnings per share (EPS) of 0.72 (up 11% year-on-year), exceeding market expectations of 0.70; revenue reached 10.5 billions (up 9% year-on-year), surpassing expectations by 207 millions. Management expects organic sales growth in 2026 to be flat to +2%, and adjusted earnings per share growth (at constant exchange rates) to be flat to +5%, both below the long-term targets of 3%-5% and high single-digit growth.
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