earnings
confidence high
sentiment positive
materiality 0.90
Corteva raises FY2025 guidance; Q3 op EBITDA $49M; plans spin-off in H2 2026
Corteva, Inc.
2025-Q3 EPS reported
$2.41
revenue$13,491,000,000
- Q3 net sales $2.62B, +13% YoY; GAAP loss $308M (loss $0.46) vs loss $519M prior year.
- YTD Operating EBITDA $3.40B, +19%; full-year guidance raised: Op EBITDA $3.8-$3.9B, EPS $3.25-$3.35.
- Seed YTD op EBITDA $2.51B (+18%); Crop Protection $990M (+22%); volume growth in both.
- Company announces plan to separate into two public companies: New Corteva (CP) and SpinCo (Seed), expected H2 2026.
- Preliminary 2026 Op EBITDA view ~$4.1B midpoint; plans ~$1.0B share repurchase in 2025.