Corteva Q3 net sales up 27% to $2.4B, raises full-year guidance, appoints new CEO Chuck Magro

Corteva, Inc.

2021-Q3 EPS reported $2.15 revenue$12,176,000,000

Q3 GAAP EPS $0.05 (vs -$0.52 YoY); Operating EPS (non-GAAP) loss of $0.14, 64% improvement.
Seed net sales +41% to $738M; Crop Protection +22% to $1.63B; total organic sales +24%.
Raised FY net sales guidance to $15.5-15.7B and Operating EPS to $2.05-2.15; affirmed Operating EBITDA $2.5-2.6B.
Chuck Magro (ex-Nutrien CEO) appointed CEO effective Nov 1, 2021, succeeding James Collins.
Returned ~$1B to shareholders YTD; expects ≥$1.3B for FY including ≥$900M in share repurchases.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.