Mondelez International, Inc. · MDLZ · Next earnings

Mondelez International, Inc. reports Tuesday, Oct 27, 2026

MDLZ reports after market close with consensus EPS at $0.71 and revenue at $9.99B. Last quarter: Mondelez Beats Q1 as Easter Demand and Emerging Markets Offset Cost Pressures

Reports After market close37 days awayDate estimated Consumer Defensive

What the street expects

Consensus for the coming report
Consensus EPS $0.71 Calendar consensus
Consensus revenue $9.99B Calendar consensus
Report date Oct 27, 2026 Tuesday, date estimated
Session After market close 37 days away

Where MDLZ left off: FY2026 Q1

Full report

Mondelez Beats Q1 as Easter Demand and Emerging Markets Offset Cost Pressures

EPS surprise +10.2% Reported $0.67 vs $0.61
Revenue surprise +3.4% Reported $10.08B vs $9.75B
Stock move +4.3% Event window
Subsequent drift +2.2% Up to 20 sessions

Full-year FY2026 EPS guidance was reaffirmed despite the Q1 beat, surprising analysts who expected an upward revision. Management cited Middle East conflict-related cost headwinds, potential H2 cocoa price volatility, and inventory phasing as justifications for maintaining rather than raising guidance. This continues the prudent, flexible posture established in the prior quarter.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Escalation of the Middle East conflict could raise energy, fertilizer, and packaging costs.
  • Cocoa price volatility and supply uncertainties for H2 2026.
  • Persistently low consumer confidence and inflation pressures in the U.S. and Europe.
  • Regulated markets limiting the ability to pass through cost increases.
  • Execution risk around supply-chain modernization and new product rollouts.

Questions analysts left open

  • Why guidance was only reaffirmed despite a stronger-than-expected Q1.
  • Status of remaining European retailer negotiations.
  • Competitive dynamics and potential cocoa price movements in H2.
  • North America growth outlook versus consensus expectations.
  • Impact of inventory phasing on margins and future cost headwinds.

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Recent MDLZ quarters

All MDLZ earnings
+4.3%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.