Corteva raises full-year guidance after Q2 beat; EPS $1.37 GAAP, $1.40 operating

Corteva, Inc.

2021-Q2 EPS reported $2.11 revenue$9,805,000,000

Q2 GAAP EPS $1.37, operating EPS $1.40; net sales $5.6B, +8% YoY.
Seed net sales $3.8B (+7%); Crop Protection $1.85B (+12%); operating EBITDA $1.46B (+18%).
First half net sales $9.8B (+7%); operating EBITDA $2.37B (+17%).
Full-year guidance raised: net sales $15.2–15.4B, operating EBITDA $2.5–2.6B, operating EPS $2.00–2.10.
Announced 7.7% dividend increase and new $1.5B share repurchase program; $750M returned to shareholders in H1.

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