---
schema_version: "secwatch.filing_event.v1"
accession: "0001755672-23-000015"
form_type: "8-K"
ticker: "CTVA"
cik: "0001755672"
company_name: "Corteva, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:55:33.513338+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Corteva Q2 GAAP EPS $1.23, cuts FY guidance; Seed EBITDA +18%, Crop Protection -37%

## Summary
- Q2 net sales $6.05B (-3% YoY); GAAP EPS $1.23 (-10%); Operating EPS $1.60 (-2%).
- Seed net sales +8% (organic +9%); operating EBITDA $1.46B (+18%) on price +12%.
- Crop Protection net sales -23% (organic -26%); operating EBITDA $320M (-37%) on volume declines.
- FY 2023 guidance lowered: net sales $17.9-18.2B, Op. EBITDA $3.50-3.65B, Op. EPS $2.75-2.90.
- Dividend increased 7% annualized; Enlist E3 soybean tech at 55% U.S. penetration.

## SEC filing metadata
- accession: 0001755672-23-000015
- form_type: 8-K
- ticker: CTVA
- cik: 0001755672
- company_name: Corteva, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755672/000175567223000015/0001755672-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755672/000175567223000015/ctva-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001755672-23-000015
- JSON: https://secwatch.observer/filing/0001755672-23-000015.json
- Plain text: https://secwatch.observer/filing/0001755672-23-000015.txt

## Key facts
- Earnings Releases
  Corteva, Inc. updated its the quarter ended June 30, 2023 guidance (lowered).
  - Period: the quarter ended June 30, 2023
  - Guidance: lowered
  - Result: reported results
  source text: On August 3, 2023, Corteva, Inc. (the "Company") announced its consolidated financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755672/000175567223000015/0001755672-23-000015-index.htm
- Earnings Releases
  Corteva, Inc. updated its the second quarter and six months ended June 30, 2023 guidance (lowered).
  - Period: the second quarter and six months ended June 30, 2023
  - Guidance: lowered
  - Result: reported results
  source text: Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the second quarter and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755672/000175567223000015/0001755672-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.