1. This represents the reconciliation of the Company's range provided for its forward-looking non-GAAP financial measure relating to Free Cash Flow. 2. First quarter 2024 and 2023 included estimated Lorsban® related charges of $(54) and $(49), respectively. 4. First quarter 2024 and 2023 includes acquisition-related costs relating to third-party integration costs associated with the completed acquisitions of Stoller and Symborg. The first quarter 2023 also includes transaction costs and the recognition of t ...

1Q results in line with expectations and mostly constructive ag economy Strength of Seed performance demonstrates global demand for top technology Crop Protection declines reflect just-in-time purchases and residual inventory imbalances FY guidance unchanged, 2024 outlook supported by controllable levers INDIANAPOLIS, May 1, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the three months ended March 31, 2024. 1Q 2024 Results Overview ...

Analysts on Wall Street project that Corteva, Inc. (CTVA) will announce quarterly earnings of $0.79 per share in its forthcoming report, representing a decline of 31.9% year over year. Revenues are projected to reach $4.56 billion, declining 6.7% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 3.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Corteva, Inc. (CTVA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Corteva, Inc. currently has an averag ...

lovelyday12 Corteva, Inc. (NYSE:CTVA), spun off from the massive company, DowDuPont, has successfully realized the benefits of such reorganization to date outperforming S&P 500 Index in the past five years. However, there is still a notable gap between the value of Corteva today and the value of its peers such as Monsanto and Syngenta before privatization. Given its solid business fundamentals as well as a tremendous number of intellectual properties, Corteva remains as an attractive investment for inve ...

New Investment and Partnership Platform Will Accelerate Next Generation Ag-tech Innovation   INDIANAPOLIS, March 19, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced the launch of Corteva Catalyst, a new investment and partnership platform focused on accessing and bringing to market agricultural innovations that advance the company's R&D priorities and drive value creation. Corteva Catalyst will partner with entrepreneurs and innovators to accelerate the development of early-stage, disruptive ...

As of March 1, virtually all S&P 500 companies had already reported earnings. Approximately 73% beat the earnings estimates, leaving investors with plenty of top stock superstars to choose from that blew through Wall Street’s expectations. Identifying the best earnings winners from this profitable bunch will be important for investors. The good news is that these companies’ earnings on an aggregated basis increased by 4% over Q4 2022. That would be the second consecutive quarter of earnings growth. The bad ...

Corteva, Inc. (NYSE:CTVA) Bank of America Securities 2024 Global Agriculture & Materials Conference Call February 28, 2024 9:10 AM ET Company Participants Dave Anderson - Chief Financial Officer Chuck Magro - Chief Executive Officer Conference Call Participants Steve Byrne - Bank of America Steve Byrne I want to get going on this one with Corteva. We have so much to talk about. But I want to make sure you know who is up here with me: Dave Anderson, CFO of Corteva and Chuck Magro, CEO. Chuck has been in this ...

Register to attend live webcast INDIANAPOLIS, Feb. 22, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, and Executive Vice President and Chief Financial Officer, Dave Anderson, will speak at the Bank of America Securities 2024 Global Agriculture & Materials Conference at 9:10 a.m. Eastern Time on Wednesday, February 28, 2024. Remarks will be webcast live. Registration for the webcast can be accessed through the Corteva Investor Relations website. A replay ...

Inventory Management - As of December 31, 2023, approximately 60% of the company's inventories were accounted for under the FIFO method, up from 55% in 2022[649]. Acquisitions - The company completed the acquisitions of Stoller and Symborg in March 2023, which represent approximately 1% of total assets and 2% of net sales[640]. Financial Risk Management - The company has established various programs to manage financial market risks, including the use of derivative instruments to hedge exposure to foreign currency and commodity price risks[629]. - The fair value of outstanding foreign currency contracts was reported at $25 million as of December 31, 2023, with a potential loss sensitivity of $492 million under a hypothetical 10% adverse change in exchange rates[657]. - The company uses foreign exchange contracts to offset net exposures related to foreign currency-denominated monetary assets and liabilities[656]. - The company has significant international operations, with primary currency exposure to the Brazilian Real, Euro, Swiss Franc, Canadian Dollar, and Argentine Peso[656]. Credit Risk Management - The company has not sustained credit losses from instruments held at financial institutions, indicating strong credit risk management[658]. - The company maintains a diverse customer base, with sales not materially dependent on any single customer, reducing credit risk[633]. Asset Management - The company evaluates the carrying value of long-lived assets and recognizes impairment losses when projected undiscounted cash flows are less than the carrying value[663]. Revenue Recognition - The company recognizes revenue when the customer obtains control of promised goods or services, following a five-step process for revenue recognition[665]. Internal Controls - The company's disclosure controls and procedures were evaluated as effective by the CEO and CFO as of December 31, 2023[639]. - PricewaterhouseCoopers LLP audited the effectiveness of the company's internal control over financial reporting as of December 31, 2023[666]. - EIDP maintains a system of disclosure controls and procedures to ensure timely reporting of required information under the Securities Exchange Act of 1934[667]. - There have been no changes in EIDP's internal control over financial reporting during the quarter ended December 31, 2023, that materially affected its internal control[668].