Corteva shares rise as profit beats on international markets [Reuters]
Corteva, Inc. (CTVA)
Last corteva, inc. earnings: 1/30 06:00 am
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Source: Reuters
Corteva shares rise as profit beats on international markets - Reuters 3 Min Read (Reuters) - Pesticide and insecticide maker Corteva Inc’s ( CTVA.N ) quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8%. Investors cheered Corteva’s upbeat numbers, its first after separation from DowDupont in June, as they were a rare bright spot among agricultural companies that have been hard hit as floods ravaged huge swathes of western Corn Belt states. The devastation pushed down total planted acres and demand for crop protection products like herbicides and pesticides. Chief Executive James Collins, on a post-earnings call with analysts, said the unprecedented market backdrop for the second quarter presented considerable challenges to Corteva’s customers and in turn, to the company. “Flooding, planting delays, prevented planting, delayed deliveries, insect pressures, trade-related market disruptions, the
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CTVA
News
- Corteva, Inc. (NYSE: CTVA) had its price target raised by analysts at Royal Bank of Canada from $68.00 to $73.00. They now have an "outperform" rating on the stock.MarketBeat
- Corteva, Inc. (NYSE: CTVA) had its price target lowered by analysts at Citigroup Inc. from $70.00 to $69.00. They now have a "buy" rating on the stock.MarketBeat
- Calculating The Intrinsic Value Of Corteva, Inc. (NYSE:CTVA) [Yahoo! Finance]Yahoo! Finance
- Trump Trade War to Hurt US Farmers More as China Turns to Brazil [Yahoo! Finance]Yahoo! Finance
- Corteva Announces Dates for Fourth Quarter 2024 Earnings Release and Webcast [Yahoo! Finance]Yahoo! Finance
CTVA
Earnings
- 11/6/24 - Miss
CTVA
Sec Filings
- 12/5/24 - Form 3
- 11/27/24 - Form 4
- 11/26/24 - Form 144
- CTVA's page on the SEC website