secwatch.observer — SEC 8-K summary
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Issuer:     Corteva, Inc. (CTVA)
CIK:        0001755672
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0001755672-22-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corteva Q4 net sales +8% to $3.48B; FY21 EPS $2.44, guides FY22 EPS $2.30-$2.50
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- Q4 GAAP EPS from cont. ops $0.21 (+62% YoY); operating EPS $0.08 (+100% YoY).
- Full-year net sales $15.65B (+10%); GAAP net income $1.822B vs $756M in 2020.
- Crop Protection net sales +12% to $7.25B; Seed +8% to $8.4B; Enlist system sales $870M nearly double 2020.
- FY22 guidance: net sales $16.7-17.0B, operating EBITDA $2.8-3.0B, operating EPS $2.30-$2.50.
- Returned $1.3B to shareholders in 2021 ($950M buybacks); plans $1.0-1.5B in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1755672/000175567222000002/0001755672-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1755672/000175567222000002/ctva-20220202.htm
  HTML page:      https://secwatch.observer/filing/0001755672-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer