Mondelez Likely to Post In-Line Q3 Revenue, Slightly Below-Consensus EPS, RBC Capital Markets Says

11:06 AM EDT, 10/26/2026 (MT Newswires) -- Mondelez International (MDLZ) is likely to report Q3 revenue in line with consensus estimates, but earnings per share may come in slightly below market expectations, RBC Capital Markets said in a note Monday. Recent comments by management and channel checks are supportive of the business despite some lingering headwinds, the investment firm said, adding it continues to view management's full-year guidance as achievable. RBC said the "real opportunity" is for the company to replicate its Oreos model with its other brands. North America channel trends are slightly softer, with sales growth in tracked channels up 1.1% in Q3, slower than the 2% growth in the previous quarter, while in Europe, the company is performing as expected, RBC said. Mondelez is set to report its Q3 financial results on Thursday. RBC Capital Markets has an outperform rating on Mondelez and a $66 price target. Price: 62.98, Change: -0.82, Percent Change: -1.29