Corteva Inc

Corteva, Inc. is a global provider of seed and crop protection solutions focused on the agriculture industry and contributing to food supply. The firm operates through the following segments: Seed and Crop Protection. The Seed segment is engaged in the developing and supplying of advanced germplasm and traits that produce yield for farms. The Crop Protection segment is involved in offering the global agricultural input industry with products that protect against weeds, insects, other pests, and diseases, and that improve overall crop health both above and below ground via nitrogen management and seed-applied technologies. The company was founded in 1802 and is headquartered in Indianapolis, IN.

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Corteva Inc reports robust 2022 performance and targets growth

Corteva Inc's strong 2022 performance and strategic acquisitions position it well for growth.
Challenges like lower Crop Protection volumes and cost headwinds are being addressed proactively.
Opportunities lie in new product growth, market assumptions for 2023, and achieving long-term targets.
Overall, Corteva Inc remains focused on innovation, margin expansion, and delivering value to shareholders.

Corteva excels in Q1, raises guidance amid market challenges

Corteva's Q1 performance reflects strong growth and margin expansion, with raised full-year guidance signaling confidence in future prospects.
Challenges like pricing headwinds and volume declines in certain regions are being addressed strategically, with opportunities in frontier markets and value creation initiatives.
Overall, Corteva's strategic choices, market share gains, and product innovation position the company well for continued growth and differentiation in the industry.
Investors should monitor Corteva's progress in addressing challenges and capitalizing on opportunities to achieve its ambitious 2025 targets.

Corteva reports growth in Q2 2023 despite challenges ahead

Corteva's Q2 2023 showed growth in seed business but challenges in Crop Protection, leading to adjusted guidance for the year.
Confidence in 2025 financial targets remains strong, with optimism for growth and margin expansion in 2024 driven by new products and cost efficiencies.
Market pressures and customer adjustments impacted earnings cadence, with opportunities seen in gene editing, seed pricing, and future growth drivers.
Improvements expected in free cash flow conversion, destocking challenges, and detailed plans for 2024 growth drivers and financial targets.

Corteva Inc reports robust Q3 performance, eyes growth opportunities

Corteva Inc's Q3 2023 earnings call showcased strong performance and strategic focus on margin expansion and value creation. Despite challenges in destocking and cash flow shortfalls, the company remains optimistic about global demand, margin growth, and operational efficiencies. Corteva's proactive approach to optimizing operations and product portfolio positions it for growth and shareholder returns.

Corteva Inc reports solid 2023 performance amidst Latin America challenges

Corteva's 2023 performance met expectations with strong EBITDA growth and margin expansion.
Challenges in Latin America, especially Brazil, were offset by promising long-term growth opportunities.
The company's strategic focus on high-value products and services positions it well against generic competition.
Overall, Corteva remains committed to providing value through technology and service to farmers.

Corteva Inc meets Q1 expectations, focuses on Enlist technology growth

Corteva Inc's Q1 2024 performance met expectations, with a focus on Enlist technology and biologicals driving growth.
Challenges include volume growth issues in Crop Protection and cost increases in Seed business.
Opportunities lie in new product focus, pricing strategy, and market improvements anticipated in the second half.
Overall, Corteva remains competitive, with a strong financial framework for 2025 and a commitment to engaging investors.

Corteva Inc meets Q3 expectations, eyes record 2025 demand

Corteva's Q3 performance aligned with expectations, emphasizing cost savings and future earnings growth prospects for 2025.
Strategic leadership changes and market assumptions signal a proactive approach to capitalize on record demand and drive business performance.
Challenges include sales declines, cost management, and product performance, while opportunities exist in innovation, investor engagement, and market optimization.

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Corteva, Inc. engages in the provision of seed and crop protection solutions, which engages in the agriculture industry and food supply. It operates through the Seed and Crop Protection segments. The Seed segment involves the development and supply of advanced germplasm and traits that produce yield for farms. The Crop Protection segment includes the global agricultural input industry with products for weeds, insects, other pests, and diseases protection, through nitrogen management and seed-applied technologies. The company was founded in 1802 and is headquartered in Indianapolis, IN.

Corteva highlights its financial framework through 2027. The company approves a new $3-billion share repurchase authorization.

CTVA Announces Financial Framework & New $3-B Share Repurchase Plan

Pipeline of disruptive technology poised to transform future of agriculture, create value for farmers, shareholders  INDIANAPOLIS , Nov. 19, 2024 /PRNewswire/ -- Today, at its 2024 Investor Day, Corteva outlined its strategy to continue to deliver value to shareholders by helping the world address three global challenges: food security, driven by a growing global population coupled with finite arable land; climate change and the resulting intensification of extreme weather and pressures from insects, weeds and diseases; and the energy transition away from fossil fuels, leading to increased demand for biofuels. Corteva believes innovation is the answer to addressing each.

Corteva Highlights Breakthrough Innovation, Unveils New Financial Framework

Reflects Company's Focus on Disciplined Capital Deployment INDIANAPOLIS , Nov. 19, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced that its Board of Directors authorized a new $3 billion share repurchase program. The authorization is immediately effective, does not expire, and gives management discretion in determining the conditions under which shares may be purchased.

Corteva Agriscience Announces $3 Billion Share Repurchase Program

Proprietary hybrid system marks crucial step-change, expected to deliver new floor for future growth in wheat yield, productivity INDIANAPOLIS , Nov. 18, 2024 /PRNewswire/ -- In advance of its Investor Day, Corteva today announced a revolutionary breakthrough in one of the world's most important staple crops – wheat – a first-of-its kind, proprietary non-GMO hybrid technology. While other crops like corn have exponentially benefited from hybrid technology over the years, challenges with wheat production systems have presented barriers to consistently and cost-effectively leveraging such game-changing technology – ultimately limiting the ability to deliver meaningful yield improvements.

Corteva Announces Breakthrough in Wheat Technology

INDIANAPOLIS , Nov. 18, 2024 /PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today a collaboration with bp (NYSE: BP, LSE: BP.L) on the companies' shared intent to form a crop-based biofuel feedstock joint venture (JV). The JV envisaged by Corteva and bp would produce and deliver crop-based biofuel feedstocks to help meet the anticipated growth in demand for 'sustainable aviation fuel' (SAF).

Corteva Announces Intent to Partner with bp to Develop Low Carbon Intensity Bio-Feedstock for Aviation Fuel Production

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I reiterate a 'Buy' rating for Corteva with a fair value target of $68 per share, driven by anticipated margin expansion and end-market recovery. Corteva's Q3 results showed weak growth in Latin America, but benefits from raw material cost deflation and cost management are expected to enhance margins in FY25. Management forecasts a flat crop protection market for FY25, with significant cost reductions from lower seed commodity costs and deflationary raw materials.

Corteva Q3: Lower Commodity And Raw Material Costs Ahead, Potential Margin Expansion

Corteva, Inc. (NYSE:CTVA ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Kim Booth - VP of IR Chuck Magro - CEO David Johnson - EVP and CFO Tim Glenn - EVP, Seed Business Unit Robert King - EVP, Crop Protection Unit Conference Call Participants Vincent Andrews - Morgan Stanley Joel Jackson - BMO Capital Markets Matt Hettwer - Vertical Research David Begleiter - Deutsche Bank Christopher Parkinson - Wolfe Research Frank Mitsch - Fermium Research Patrick Cunningham - Citi Edlain Rodriguez - Mizuho Aleksey Yefremov - KeyBanc Capital Markets Arun Viswanathan - RBC Capital Markets Operator Thank you for standing by. My name is Ron and I will be conference operator today.

Corteva, Inc. (CTVA) Q3 2024 Earnings Conference Call Transcript

While the top- and bottom-line numbers for Corteva, Inc. (CTVA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Corteva, Inc. (CTVA) Q3 Earnings

Corteva, Inc. (CTVA) came out with a quarterly loss of $0.49 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.23 per share a year ago.

Corteva, Inc. (CTVA) Reports Q3 Loss, Misses Revenue Estimates

3Q YTD performance reflects Seed price / mix gains and ongoing benefits from controllables 3Q results and Full Year 20243 impacted by Latin America planted area and market dynamics Preliminary 2025 outlook3 for strong Operating EBITDA1 growth and margin expansion INDIANAPOLIS , Nov. 6, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the third quarter and nine months ended September 30, 2024. 3Q  2024  Results  Overview   Net Sales   Loss from Cont.

Corteva Reports Third Quarter and Year-to-Date 2024 Results, Updates Full-Year 2024 Guidance, Provides 2025 Preliminary Outlook

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Evaluate the expected performance of Corteva, Inc. (CTVA) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Insights Into Corteva, Inc. (CTVA) Q3: Wall Street Projections for Key Metrics

Corteva, Inc. (CTVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Corteva, Inc. (CTVA) to Report a Decline in Earnings: What to Look Out for

INDIANAPOLIS , Oct. 29, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.17 cents per share, payable Dec. 16, 2024, to the Company's shareholders of record on Dec. 2, 2024. EIDP, Inc. Announces Preferred Stock Dividend The Board of Directors of EIDP, Inc. (formerly known as E.

Corteva Declares Quarterly Dividend

INDIANAPOLIS , Oct. 15, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announced today that it has appointed Judd O'Connor as its new Executive Vice President (EVP) of its Seed Business Unit, effective December 1, 2024. He will succeed Tim Glenn, current Corteva EVP, Seed Business Unit, who will serve as a Strategic Advisor to the executive leadership team until his retirement in the first quarter of 2025, allowing for a seamless transition.

Corteva Announces Tim Glenn Retirement, Appoints Judd O'Connor EVP, Seed Business Unit

RALEIGH, N.C.--(BUSINESS WIRE)-- #agriculture--Micropep Technologies (Micropep), the global leader in micropeptide crop protection technologies, today announced it has successfully closed its Series B funding round with an additional $11 million commitment. This investment, from new investors Corteva Inc. through its Corteva Catalyst platform, Sparkfood SA, as well as all existing investors brings the total Series B round to $40 million and elevates the company's total funding to over $60 million. The capital.

Micropep Closes Series B Round at $40M After Supplemental Funding Raised From Corteva, and Sparkfood

INDIANAPOLIS , Sept. 23, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, will speak at the 2024 BMO Ag-Apalooza event at 12:00 p.m.

Corteva to Participate in BMO Ag-Apalooza

INDIANAPOLIS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Corteva in Indianapolis.

Mark Cuban Foundation and Corteva Bring Free AI Bootcamp to Indianapolis Teens

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Corteva to invest $25 million to acquire equity stake in gene editing innovator, Pairwise Strategic collaboration to also form a joint venture to accelerate gene editing solutions INDIANAPOLIS and DURHAM, N.C., Sept. 17, 2024 /PRNewswire/ -- Corteva, Inc.  (NYSE: CTVA), a global leader in agricultural technology and Pairwise , a technology company pioneering the application of gene editing in food and agriculture, announced a collaboration today to accelerate the delivery of advanced gene editing solutions to farmers, ultimately benefitting both the environment and everyday consumers.

Corteva, Pairwise Join Forces to Accelerate Gene Editing, Advance Climate Resilience in Agriculture

Corteva, Inc.'s preferred stocks ($3.50 Series and $4.50 Series) offer diversification away from financials, despite low yields and thin trading volumes. Corteva is a profitable agriculture company with global operations, mitigating default risk for its preferred stocks. Preferred stocks' small size and low coupon rates make them unlikely to be called or default, despite ongoing legal risks from the DuPont legacy.

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