Corteva Q4 Non-GAAP Operating Earnings, Net Sales Rise; Shares Fall After Hours
Corteva (CTVA) reported Q4 non-GAAP operating earnings Wednesday of $0.32 per diluted share, up from $0.15 a year earlier.
Analysts polled by FactSet expected non-GAAP EPS of $0.31.
Net sales in the three months ended Dec. 31 rose to $3.98 billion from $3.71 billion a year earlier.
Analysts surveyed by FactSet expected $4.04 billion.
The company expects 2025 operating EPS of $2.70 to $2.95 on net sales of $17.2 billion to $17.6 billion. The previous sales forecast was $17.3 billion to $17.7 billion.
Analysts surveyed by FactSet expect 2025 EPS of $3.18 on sales of $17.3 billion.
The company's shares fell 5.7% in after-hours trading.
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