Corteva, Inc. (CTVA) shares plummeted 5.89% in after-hours trading on Wednesday, following the release of the company's fourth quarter 2024 earnings results.

While the agricultural chemical and seed giant beat earnings estimates for the quarter, reporting adjusted EPS of $0.32 versus the $0.31 expected, its revenue of $3.978 billion fell short of analysts' projections of $4.008 billion.

The revenue miss appears to have exacerbated existing concerns around the agrichemical sector, following disappointing 2025 guidance from rival FMC Corporation earlier this week. FMC saw its shares crater 36% on Wednesday after warning of elevated inventory levels and increased competition as key products come off patent.