{"schema_version":"secwatch.filing_event.v1","accession":"0001755672-23-000020","form_type":"8-K","ticker":"CTVA","cik":"0001755672","company_name":"Corteva, Inc.","filed_at":"2023-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.321953+00:00","generated_at":"2026-06-09T07:09:52.946033+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Corteva lowers FY2023 guidance on Brazil headwinds; Q3 GAAP loss $0.45/sh","bullets":["Q3 preliminary net sales ~$2.6B; GAAP loss from ops ~$315M (EPS $0.45).","Q3 Operating EBITDA ~$18M; Operating EPS loss $0.23 per share.","FY2023 net sales guidance cut to $17.0–17.3B; Operating EBITDA to $3.25–3.45B.","FY2023 Operating EPS now $2.50–2.70; blames delayed orders, farmer margins, & generic imports in Brazil.","Reaffirms $750M share repurchase commitment for 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001755672-23-000020","json":"https://secwatch.observer/filing/0001755672-23-000020.json","markdown":"https://secwatch.observer/filing/0001755672-23-000020.md","text":"https://secwatch.observer/filing/0001755672-23-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1755672/000175567223000020/0001755672-23-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1755672/000175567223000020/ctva-20231027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T07:09:52.946033+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"09fa37fcb5a411d4e230edfe88559263c5b22de0","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1755672/000175567223000020/0001755672-23-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"$17.0 billion and $17.3 billion"},{"label":"EPS","value":"$2.50 and $2.70 per share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"48dabef96677fff46299df2ed7acc655a34d1d5a","claim":"Corteva, Inc. reported quarter ended September 30, 2023 results: revenue approximately $2.6 billion, net income a loss of approximately $315 million. Guidance lowered.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1755672/000175567223000020/0001755672-23-000020-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"approximately $2.6 billion"},{"label":"Net income","value":"a loss of approximately $315 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}