Corteva Inc

NYSE:CTVA   3:59:58 PM EDT
45.91
+0.86 (+1.91%)
4:57:22 PM EDT: $45.95 +0.04 (+0.09%)
Share Repurchases, Positive Earnings Pre-Announcement

Corteva Increased FY 2021 Net Sales Guidance

Published: 05/04/2021 22:33 GMT
Corteva Inc (CTVA) - Corteva - Qtrly EPS $0.81; Qtrly Operating EPS $0.79; Qtrly GAAP Net Sales $4.18 Billion Versus $3.96 Billion.
Q1 Earnings per Share View $0.65, Revenue View $3.81 Billion -- Refinitiv Ibes Data (analyst estimates).
Corteva - Affirmed FY 2021 Operating EBITDA Guidance in the Range of $2.4 Billion to $2.5 Billion.
Corteva - Increased FY 2021 Net Sales Guidance to a Range of $14.6 Billion to $14.8 Billion.
Corteva - FY 2021 Operating EPS Range is Expected to Be Between $1.85 and $1.95 per Share.
Corteva - Qtrly Organic Sales $4.20 Billion.
FY2021 Earnings per Share View $1.92, Revenue View $14.67 Billion -- Refinitiv Ibes Data (analyst estimates).
Corteva - Experienced Market-driven Cost Headwinds in Q1, Including Cost Increases in Freight and Logistics, As Well As Raw Materials.
Corteva - Market-driven Cost Headwinds in Q1 Were Partially Offset by the Ongoing Execution on Productivity Programs.
Corteva - Expect to Complete Majority of $1 Billion Authorized Share Repurchase Program by End of H1 2021.
Corteva CEO Says "we Are Encouraged by a Strengthening Agriculture Outlook".
Corteva - Expected Organic Sales Growth of 3% for the Year.
Corteva - Ongoing Penetration of New Products, Coupled With Favorable Overall Market Fundamentals, Drove Volume and Price Gains Globally in Quarter.
Revenue is expected to be $5.55 Billion
Adjusted EPS is expected to be $1.39

Next Quarter Revenue Guidance is expected to be $1.96 Billion
Next Quarter EPS Guidance is expected to be -$0.28

More details on our Analysts Page.