secwatch / observer
8-K filed October 27, 2023, 7:59 PM ET ticker CTVA CIK 0001755672
earnings confidence high sentiment negative materiality 0.85

Corteva lowers FY2023 guidance on Brazil headwinds; Q3 GAAP loss $0.45/sh

Corteva, Inc.

2023-Q3 EPS reported $1.39 revenue$13,519,000,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Corteva, Inc. reported full year 2023 results: revenue $17.0 billion and $17.3 billion, EPS $2.50 and $2.70 per share. Guidance lowered.

Period
full year 2023
Revenue
$17.0 billion and $17.3 billion
EPS
$2.50 and $2.70 per share
Guidance
lowered
Result
guidance update
Exact text from the filing
Full year net sales are now expected to be in the range of $17.0 billion and $17.3 billion, with Operating EBITDA expected to be in the range of $3.25 billion and $3.45 billion. Full year 2023 Operating EPS is now expected to be in the range of $2.50 and $2.70 per share.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Corteva, Inc. reported quarter ended September 30, 2023 results: revenue approximately $2.6 billion, net income a loss of approximately $315 million. Guidance lowered.

Period
quarter ended September 30, 2023
Revenue
approximately $2.6 billion
Net income
a loss of approximately $315 million
Guidance
lowered
Result
preliminary results
Exact text from the filing
Third quarter net sales are expected to be approximately $2.6 billion. Third quarter GAAP income and earnings per share (EPS) from continuing operations are expected to be a loss of approximately $315 million and $0.45 per share, respectively.
View on SEC.gov

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Corteva, Inc. filing history →

Source: SEC EDGAR
accession 0001755672-23-000020
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