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Jan. 27, 2022, 4:59 p.m. EST

Mondelez's Q4 sales rise 5%

Shares of Mondelez International Inc. (NAS:MDLZ) fell nearly 2% in the extended session Thursday after the snacks and candy giant posted mixed quarterly results. Mondelez said it earned $1 billion, or 71 cents a share, in the quarter, compared with $1.2 billion, or 80 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 72 cents a share. Sales rose 5% to $7.7 billion, from $7.3 billion a year ago. Analysts polled by FactSet expected adjusted EPS of 73 cents on sales of $7.6 billion. Mondelez guided for "high single digit" per-share growth in 2022. "2021 marked another year of strong top and bottom-line results despite a challenging macro environment," Chief Executive Dirk Van de Put said in a statement. Mondelez stock ended the regular trading dayup 1.3%.

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