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Corteva Inc   (CTVA)
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Price: $63.2500 $-0.88 -1.372%
Day's High: $63.875 Week Perf: 7.64 %
Day's Low: $ 62.76 30 Day Perf: 3.47 %
Volume (M): 3,959 52 Wk High: $ 64.20
Volume (M$): $ 250,413 52 Wk Avg: $54.09
Open: $63.34 52 Wk Low: $43.89



 Market Capitalization (Millions $) 43,609
 Shares Outstanding (Millions) 689
 Employees 22,500
 Revenues (TTM) (Millions $) 16,637
 Net Income (TTM) (Millions $) 707
 Cash Flow (TTM) (Millions $) -20
 Capital Exp. (TTM) (Millions $) 599

Corteva Inc
Corteva Inc. is a prominent global leader in the agricultural sector, specializing in technology-driven solutions, seed products, and crop protection. Formed from the merger of key agricultural divisions from Dow and DuPont'namely Dow AgroSciences, DuPont Crop Protection, and Pioneer'the company leverages over 150 years of combined experience to serve farmers around the world.

The core of Cortevas business revolves around providing innovative seed and crop protection solutions that enhance crop yields, mitigate crop stress, and ensure environmental sustainability. The companys diverse portfolio includes a wide range of crop protection products designed to combat yield losses stemming from pests, diseases, and weeds. This includes genetically modified seeds tailored to withstand changing climate conditions and resist herbicides, thus helping farmers maximize their agricultural productivity.

Corteva places a strong emphasis on research and development, with facilities located globally that focus on cutting-edge agricultural technology. The companys commitment to sustainable agriculture is reflected in its environmental and social goals, which aim to improve food security, decrease greenhouse gas emissions, and create positive social and economic impacts for farmers and their communities.

Headquartered in Wilmington, Delaware, Corteva operates in over 140 countries and employs approximately 21,000 people worldwide. The company is publicly traded on the New York Stock Exchange under the ticker symbol CTVA.


   Company Address: 9330 Zionsville Road, Indianapolis, 46268 IN
   Company Phone Number: 267-8382   Stock Exchange / Ticker: NYSE CTVA


   

Stock Performances by Major Competitors

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Corteva Inc

Weak Orders Lead to Significant Decline in EPS at Corteva Inc During First Quarter of 2024

In the first quarter of 2024, Corteva Inc experienced a decline in its earnings per share (EPS) and revenue compared to the same period last year. EPS dropped by -27.71% to $0.60 per share, while revenue decreased by -8.026% to $4.49 billion. This decline in profitability was attributed to various factors, including a decrease in operating earnings by -29.16% to $622 million and a reduction in the company's operating margin to 13.85%.
Despite the drop in financial performance, Corteva Inc remains optimistic about its future prospects. The company's full-year net sales and earnings demonstrate solid execution and strength in its portfolio. Additionally, the company's 2024 guidance reflects continued operating EBITDA and margin growth.

Product Service News

Driving Industry Innovation: Ducera Growth Ventures and Corteva Catalyst Join Forces to Elevate Agriculture

Published Mon, Mar 25 2024 12:00 PM UTC

In a move aimed at cultivating cutting-edge technologies and forging lucrative partnerships, Ducera Growth Ventures (Ducera Growth), the venture capital investment platform of leading investment bank Ducera Partners LLC, has announced a strategic collaboration with Corteva Catalyst. As a newly launched platform by Corteva, a prominent player in the global agricultural indust...

Corteva Inc

Corteva Inc's Fourth Quarter of 2023 Reveals Plunging Top-line Results

Corteva Inc, an agricultural production company, has experienced various shifts in its stock performance and financials in recent times. Over the past five days, the company's stock gained an impressive 15.48%, indicating a positive investor sentiment. However, when compared to the previous year, the stock saw a decrease of -13.76%. Additionally, the stock currently trades only 22.7% above its 52-week low, suggesting a relatively modest performance.
Looking at the financials for the fourth quarter of 2023, Corteva Inc reported a significant loss of $-0.36 per share, a decline from earnings of $0.69 per share in the same period the previous year. However, there was an improvement in earnings per share from the previous financial reporting period, where it stood at $-0.45 per share. The revenue for the fourth quarter of 2023 also suffered a decline, dropping by -38.778% to $3.71 billion from $6.06 billion in the corresponding period the previous year. On a sequential basis, the revenue surged by 43.127% from $2.59 billion.

Corteva Inc

2023 Q2 Financial Analysis: Corteva Inc Shows Signs of Struggle as Revenues Slide

Corteva Inc (CTVA) reported disappointing financial numbers for the second quarter of 2023, indicating bearish signs for the company. The income fell drastically by 24.81% to a meager $1.00 per share compared to the same period in the previous year. Additionally, the revenue decreased by 3.311% to $6.05 billion year on year, suggesting a potential decline in market demand for Corteva's products.
Although there was a positive improvement in revenue from the preceding quarter, with a growth of 23.771% from $4.88 billion, it still doesn't compensate for the downward trend in income and revenue when compared to the same period last year. Profitability also grew by 20.48% from $0.83 per share, but this growth is overshadowed by the drop in net profits, which fell by 26.23% to $717.000 million from $972.000 million in the corresponding year-ago period.







Corteva Inc's Segments
Seed    29.71 % of total Revenue
Seed Corn    13.54 % of total Revenue
Seed Soybean    7.05 % of total Revenue
Seed Other oilseeds    5.8 % of total Revenue
Seed Other    3.31 % of total Revenue
Crop Protection    70.29 % of total Revenue
Crop Protection Herbicides    31.64 % of total Revenue
Crop Protection Insecticides    18.79 % of total Revenue
Crop Protection Fungicides    9.29 % of total Revenue
Crop Protection Other    10.58 % of total Revenue
Seed North America    7.31 % of total Revenue
Seed EMEA    8.43 % of total Revenue
Seed Latin America    9.37 % of total Revenue
Seed Asia Pacific    4.6 % of total Revenue
Crop Protection North America    18.92 % of total Revenue
Crop Protection EMEA    9.42 % of total Revenue
Crop Protection Latin America    33.15 % of total Revenue
Crop Protection Asia Pacific    8.81 % of total Revenue
Segments    100 % of total Revenue
EIDP    100 % of total Revenue
Seed Segments    29.71 % of total Revenue
Crop Protection Segments    70.29 % of total Revenue

  Corteva Inc Outlook

On January 31 2024 the Corteva Inc provided following guidance

Corteva, Inc. (NYSE: CTVA) has released its financial results for the fourth quarter and full-year of 2023 and also provided guidance for 2024. The company's performance in terms of net sales and earnings for the full year highlights its strong execution and the resilience of its portfolio. Looki...





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