Seed Company Corteva Plunges as Profit Outlook Dims on Crop Woes [Yahoo! Finance]
Corteva, Inc. (CTVA)
Last corteva, inc. earnings: 1/30 06:00 am
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Source: Yahoo! Finance
Most Read from Bloomberg Paris Restricts Through Traffic in City Center Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration From Housing to Immigration, Key Ballot Initiatives and Local Races to Follow Shares fell as much as 7% to $57.45, the biggest intraday decline since Nov. 9, 2023. Fewer corn acres were planted in Argentina as plant-stunting disease and dry weather plagued farmers and drove a 21% net-sales decline in Corteva's seed business, according to a company statement. Corteva trimmed its full 2024 net sales and profit forecast, while stressing that the crop health woes in South America are a temporary issue. Corteva in September said farming challenges in parts of South America meant the US-based company would probably fall short of an earlier 2024 profit forecast. Along with disease problems, dryness in Argentina recently left farms too parched to sow corn, causing some growers in the region to switch to soybeans. The stock is st
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News
- 4 Key Agriculture Stocks Positioned for Gains as Market Trends Improve [Yahoo! Finance]Yahoo! Finance
- Indiana State Fairgrounds & Event Center Announces the Corteva ColiseumPR Web
- Crop Protection Chemicals Market Research 2024-2034: Enhancing Yield Across Diverse Agricultural Segments, Shift Towards Bio-based Solutions to Meet Environmental Standards [Yahoo! Finance]Yahoo! Finance
- Bayer's shares sink to 20-year low on 2025 earnings fall forecast [Yahoo! Finance]Yahoo! Finance
- Corteva, Inc. (NYSE: CTVA) had its price target lowered by analysts at Royal Bank of Canada from $69.00 to $68.00. They now have an "outperform" rating on the stock.MarketBeat
CTVA
Earnings
- 11/6/24 - Miss
CTVA
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 11/4/24 - Form 4
- CTVA's page on the SEC website