Corteva Inc CTVA.N reported quarterly adjusted earnings of 32 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 15 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 31 cents per share. Wall Street expected results to range from 24 cents to 45 cents per share.
Revenue rose 7.3% to $3.98 billion from a year ago; analysts expected $4.01 billion.
Corteva Inc's reported EPS for the quarter was a loss of 6 cents.
The company reported a quarterly loss of $41 million.
Corteva Inc shares had risen by 12.0% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 16.6% in the last three months.
In the last 30 days, eight analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the agricultural chemicals peer group is also "buy"
Wall Street's median 12-month price target for Corteva Inc is $68.00
This summary was machine generated from LSEG data February 6 at 07:33 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.31 | 0.32 | Beat |
Sep. 30 2024 | -0.30 | -0.49 | Missed |
Jun. 30 2024 | 1.73 | 1.83 | Beat |
Mar. 31 2024 | 0.84 | 0.89 | Beat |
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