Mondelēz Non-GAAP EPS of $0.73 beats by $0.03, revenue of $8.82B beats by $520M
MondelÄz press release (NASDAQ:MDLZ): Q4 Non-GAAP EPS of $0.73  beats by $0.03.
Revenue of $8.82B (+15.1% Y/Y) beats by $520M.
Net revenues increased 13.5 percent driven by Organic Net Revenue growth of 15.4 percent, and incremental sales from the company's acquisitions of Chipita, Clif Bar and Ricolino, partially offset by unfavorable currency. Pricing and volume drove Organic Net Revenue growth.

For 2023, the company expects Organic Net Revenue growth of 5 to 7 percent, high single-digit Adjusted EPS growth on a constant currency basis and Free Cash Flow of $3.3+ billion. The company estimates currency translation would decrease 2023 net revenue growth by approximately 1 percent with a negative $0.04 impact to Adjusted EPS.

Note: The revised post corrects revenue