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    Corteva Strong 4Q Driven by Record Crop Demand, Disciplined Execution

    2/5/25 4:30:00 PM ET
    $CTVA
    Farming/Seeds/Milling
    Consumer Staples
    Get the next $CTVA alert in real time by email
    • Full-year 2024 results in-line with expectations on technology demand and controllable levers
    • Strong 4Q volume gains across both businesses, notably in Brazil, reflects growing momentum
    • Full-year 2025 guidance3 refined for currency impact from the strengthening U.S. dollar

    INDIANAPOLIS, Feb. 5, 2025 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the fourth quarter and full-year ended December 31, 2024.

    (PRNewsfoto/Corteva Agriscience)

    4Q 2024 Results Overview



     

    Net Sales

     

    Loss from Cont. Ops (After Tax)

     

    EPS

    GAAP

    $4.0B

    $(50)M

    $(0.08)

    vs. 4Q 2023

    7 %

    78 %

    76 %



    Organic1 Sales

    Operating EBITDA1

    Operating EPS1

    NON-GAAP

    $4.2B

    $525M

    $0.32

    vs. 4Q 2023

    13 %

    36 %

    113 %

    FY 2024 Results Overview



     

    Net Sales

     

    Income from Cont. Ops (After Tax)

     

    EPS

    GAAP

    $16.9B

    $863M

    $1.22

    vs. FY 2023

    (2) %

    (8) %

    (6) %



    Organic1 Sales

    Operating EBITDA1

    Operating EPS1

    NON-GAAP

    $17.4B

    $3.4B

    $2.57

    vs. FY 2023

    1 %

    -

    (4) %

    Full-Year 2024 Highlights

    • Net sales declined 2% versus prior year. Organic1 sales increased 1% in the same period with gains in North America2, Latin America and Asia Pacific offset by declines in EMEA2.
    • Seed net sales increased 1% and organic1 sales increased 4%. Price was up 3% led by North America2 and EMEA2 with continued execution on the Company's price for value strategy. Volume increased 1%, primarily reflecting the expected increase in Safrinha corn planted area in Brazil and market share gains in North America2.
    • Crop Protection net sales decreased 5% and organic1 sales decreased 2%. Price declined 5% primarily due to the market dynamics in Latin America. Volume increased 3%, driven by growth in Latin America on demand for new products and spinosyns, partially offset by weather and destocking impacts in EMEA2, as well as just-in-time purchasing behavior in North America2.
    • GAAP income and earnings per share (EPS) from continuing operations were $863 million and $1.22 per share, respectively.
    • Operating EBITDA1 and Operating EPS1 were $3.4 billion, and $2.57 per share, respectively.
    • Cash provided by operating activities – continuing operations was $2.3 billion, up 27% compared to prior year. Free cash flow1 was $1.7 billion, a 40% improvement over prior year. Strong cash performance supported total cash returned to shareholders of $1.5 billion.
    • The Company refined full-year 2025 guidance3 and expects net sales in the range of $17.2 to $17.6 billion. Operating EBITDA1 is expected to be $3.6 to $3.8 billion. Operating EPS1 is expected to be $2.70 to $2.95 per share.
    • The Company expects to repurchase approximately $1 billion of shares during 2025.

    1. Organic Sales, Operating EPS, Operating EBITDA, and Free Cash Flow are non-GAAP measures. See page 7 for further discussion. 2. North America is defined as U.S. and Canada. EMEA is defined as Europe, Middle East and Africa. 3. The Company does not provide the most comparable GAAP measure on a forward-looking basis. See page 5 for further discussion.

    "Our results for full year 2024 reflect our focus on disciplined execution: despite less-than-ideal market conditions, Corteva was able to generate strong cash from operations for the year and deliver record results in the fourth quarter.

    As we look ahead to 2025, we acknowledge the fluid macro environment but still see ag market fundamentals improving – specifically, we see continued record demand for core crops and recovering grain prices and farm margins.

    Against this backdrop, we anticipate another year of growth and value creation, driven once again by Corteva's groundbreaking technology and the return it provides to farmers worldwide."

    Chuck Magro

    Chief Executive Officer

    Summary of Fourth Quarter 2024

    For the fourth quarter ended December 31, 2024, net sales increased 7% versus the same period last year. Organic1 sales increased 13%.

    Volume was up 17% versus the prior-year period on growth in both Crop Protection and Seed. Crop Protection volume increased 16% over the prior year driven primarily by Latin America on demand for new products, spinosyns, and biologicals.  Seed volume increased 19% versus prior year due to the expected increase in Safrinha corn planted area in Brazil.

    Price declined 4% versus prior year, reflecting expected lower Seed pricing in Brazil, as well as competitive price dynamics in Crop Protection, primarily in Latin America.

    GAAP income from continuing operations after income taxes was a loss of $50 million in fourth quarter of 2024 compared to a loss of $231 million in fourth quarter of 2023. Operating EBITDA1 for the fourth quarter of 2024 was $525 million, up 36% compared to prior year, translating into approximately 280 basis points of Operating EBITDA1 margin improvement.

     



    4Q   

    4Q   

    %

    %

    ($ in millions, except where noted)

    2024

    2023

    Change

    Organic1 Change

    Net Sales

    $3,978

    $3,707

    7 %

    13 %

    North America

    $1,563

    $1,497

    4 %

    5 %

    EMEA

    $448

    $371

    21 %

    22 %

    Latin America

    $1,622

    $1,522

    7 %

    20 %

    Asia Pacific

    $345

    $317

    9 %

    10 %













    FY   

    FY   

    %

    %

    ($ in millions, except where noted)

    2024

    2023

    Change

    Organic1 Change

    Net Sales

    $16,908

    $17,226

    (2) %

    1 %

    North America

    $8,660

    $8,590

    1 %

    1 %

    EMEA

    $3,124

    $3,367

    (7) %

    (2) %

    Latin America

    $3,776

    $3,906

    (3) %

    4 %

    Asia Pacific

    $1,348

    $1,363

    (1) %

    1 %

    Seed Summary

    Seed net sales were $1.8 billion in the fourth quarter of 2024, up from $1.6 billion in the fourth quarter of 2023. The sales increase reflects a 19% increase in volume, a 3% decline in price and an 8% unfavorable impact from currency.

    Volume growth in the quarter reflects the expected increase in Safrinha corn planted area in Brazil, while the decline in price is due primarily to competitive pressure in Latin America.  Unfavorable currency impacts were led by the Brazilian Real.

    Segment operating EBITDA was $93 million in the fourth quarter of 2024, down 36% from the fourth quarter of 2023. Higher commodity and other cost of sales, price declines, and continued investment in R&D more than offset volume growth and ongoing cost and productivity actions. Segment operating EBITDA margin contracted by about 360 basis points versus the prior-year period.



     

    4Q   

     

    4Q   

     

    %

     

    %

    ($ in millions, except where noted)

    2024

    2023

    Change

    Organic1 Change

     

    North America

     

    $639

     

    $576

     

    11 %

     

    11 %

    EMEA

    $216

    $181

    19 %

    18 %

    Latin America

    $827

    $790

    5 %

    20 %

    Asia Pacific

    $90

    $88

    2 %

    3 %

    Total 4Q

    Seed Net Sales

     

    $1,772

     

    $1,635

     

    8 %

     

    16 %

    4Q Seed Operating EBITDA

     

    $93

     

    $145

     

    (36) %

     

    N/A

    Seed net sales were $9.5 billion for the full year of 2024, up 1% from the same period of 2023. The sales increase reflects a 3% increase in price and a 1% increase in volume, partially offset by a 2% unfavorable currency impact and a 1% unfavorable portfolio impact.

    The increase in Seed price was driven by strong demand for top technology offerings and operational execution globally, with both global corn and soybean prices up 2%. Pricing actions more than offset currency impacts in EMEA2. Volume growth was driven primarily by the expected increase in Safrinha corn planted area in Brazil and share gains in North America, partially offset by reduced corn planted area in Argentina and unfavorable weather and reduced planted area in EMEA2.  Unfavorable currency impacts were led by the Brazilian Real and the Turkish Lira.

    Segment operating EBITDA was $2.2 billion for the full year of 2024, up 5% from the same period of 2023. Price execution and market share gains in North America, reduction of net royalty expense, and ongoing cost and productivity actions more than offset the investment in R&D, higher commodity costs, and the unfavorable impact of currency. Segment operating EBITDA margin improved by 90 basis points versus the prior-year period.

     



     

    FY   

     

    FY   

     

    %

     

    %

    ($ in millions, except where noted)

    2024

    2023

    Change

    Organic1 Change

     

    North America

     

    $6,033

     

    $5,768

     

    5 %

     

    5 %

    EMEA

    $1,581

    $1,622

    (3) %

    6 %

    Latin America

    $1,523

    $1,637

    (7) %

    1 %

    Asia Pacific

    $408

    $445

    (8) %

    (6) %

    Total FY

    Seed Net Sales

     

    $9,545

     

    $9,472

     

    1 %

     

    4 %

    FY Seed Operating EBITDA

     

    $2,219

     

    $2,117

     

    5 %

     

    N/A

    Crop Protection Summary

    Crop Protection net sales were approximately $2.2 billion in the fourth quarter of 2024 compared to approximately $2.1 billion in the fourth quarter of 2023. The sales increase over the prior period reflects a 16% increase in volume, partially offset by a 5% price decline and a 5% unfavorable impact from currency.

    The increase in volume was driven primarily by Latin America on demand for new products, spinosyns, and biologicals. The price decline was primarily due to the competitive pricing environment in Latin America.  Unfavorable currency impacts were led by the Brazilian Real.

    Segment operating EBITDA was $461 million in the fourth quarter of 2024, up 73% from the fourth quarter of 2023. Raw material deflation, productivity savings, and volume growth more than offset price pressure. Segment operating EBITDA margin improved by approximately 800 basis points versus the prior-year period.



     

    4Q   

     

    4Q   

     

    %

     

    %

    ($ in millions, except where noted)

    2024

    2023

    Change

    Organic1 Change

     

    North America

     

    $924

     

    $921

     

    -

     

    -

    EMEA

    $232

    $190

    22 %

    25 %

    Latin America

    $795

    $732

    9 %

    21 %

    Asia Pacific

    $255

    $229

    11 %

    13 %

    Total 4Q Crop Protection Net Sales

     

    $2,206

     

    $2,072

     

    6 %

     

    11 %

    4Q Crop Protection Operating EBITDA

     

    $461

     

    $267

     

    73 %

     

    N/A

    Crop Protection net sales were approximately $7.4 billion for the full year of 2024 compared to approximately $7.8 billion in the same period of 2023. The sales decrease reflects a 5% decline in price and a 3% unfavorable impact from currency, partially offset by a 3% increase in volume.

    The price decline was primarily due to market dynamics in Latin America.  Unfavorable currency impacts were led by the Brazilian Real and the Turkish Lira.

    The increase in volume was driven by volume growth in Latin America on demand for new products and spinosyns, partially offset by residual destocking and unfavorable weather impacts in EMEA2, as well as just-in-time purchasing behavior globally.

    Segment operating EBITDA was $1.3 billion for the full year of 2024, down 7% from the same period last year. Pricing pressure and the unfavorable impact of currency, more than offset productivity savings, raw material deflation, and volume growth.  Segment operating EBITDA margin contracted by approximately 45 basis points versus the prior-year period.



    FY   

    FY   

    %

    %

    ($ in millions, except where noted)

    2024

    2023

    Change

    Organic1 Change

    North America

    $2,627

    $2,822

    (7) %

    (7) %

    EMEA

    $1,543

    $1,745

    (12) %

    (9) %

    Latin America

    $2,253

    $2,269

    (1) %

    6 %

    Asia Pacific

    $940

    $918

    2 %

    5 %

    Total FY Crop Protection Net Sales

    $7,363

    $7,754

    (5) %

    (2) %

    FY Crop Protection Operating EBITDA

    $1,272

    $1,374

    (7) %

    N/A

    2025 Guidance

    Overall agriculture fundamentals remain constructive as record global consumption of corn and soybeans coupled with strong production in 2024 supported farm sector income levels.  Global grain prices are recovering, and global stocks-to-use levels of corn are the tightest they have been in over a decade.  On-farm demand remains strong as farmers continue to prioritize the need for top-tier technology to maximize their yields.  We are beginning to see stabilization in the Crop Protection industry, with continued volume gains in the fourth quarter, yet we expect price pressure will persist.  Finally, we expect the strong USD will impact the agricultural economy throughout 2025.

    As a result, for full-year 2025, Corteva now expects net sales in the range of $17.2 billion to $17.6 billion, growth of 3% at the mid-point. Operating EBITDA1 is expected to be $3.6 billion to $3.8 billion, growth of 10% at the mid-point. Operating EPS1 is expected to be $2.70 to $2.95 per share, growth of 10% at the mid-point. The Company expects to repurchase approximately $1.0 billion of shares in 2025.

    The Company is not able to reconcile its forward-looking non-GAAP financial measures, to its most comparable U.S. GAAP financial measures, as it is unable to predict with reasonable certainty items outside of its control, such as Significant Items, without unreasonable effort.

    Fourth Quarter Conference Call

    The Company will host a live webcast of its fourth quarter 2024 earnings conference call with investors to discuss its results and outlook tomorrow, February 6, 2025, at 9:00 a.m. ET. The slide presentation that accompanies the conference call is posted on the Company's Investor Events and Presentations page. A replay of the webcast will also be available on the Investor Events and  Presentations page.

    About Corteva

    Corteva, Inc. (NYSE:CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

    Cautionary Statement About Forward-Looking Statements

    This press release contains certain estimates and forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and may be identified by their use of words like "plans," "expects," "will," "anticipates," "believes," "intends," "projects," "estimates," "outlook," or other words of similar meaning. All statements that address expectations or projections about the future, including statements about Corteva's financial results or outlook; strategy for growth; product development; regulatory approvals; market position; capital allocation strategy; liquidity; sustainability commitments and strategies; the anticipated benefits of acquisitions, restructuring actions, or cost savings initiatives; and the outcome of contingencies, such as litigation and environmental matters, are forward-looking statements.

    Forward-looking statements and other estimates are based on certain assumptions and expectations of future events which may not be accurate or realized. Forward-looking statements and other estimates also involve risks and uncertainties, many of which are beyond Corteva's control. While the list of factors presented below is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on Corteva's business, results of operations and financial condition. Some of the important factors that could cause Corteva's actual results to differ materially from those projected in any such forward-looking statements include: (i) failure to obtain or maintain the necessary regulatory approvals for some of Corteva's products; (ii) failure to successfully develop and commercialize Corteva's pipeline; (iii) effect of the degree of public understanding and acceptance or perceived public acceptance of Corteva's biotechnology and other agricultural products; (iv) effect of changes in agricultural and related policies of governments and international organizations; (v) costs of complying with evolving regulatory requirements and the effect of actual or alleged violations of environmental laws or permit requirements; (vi) effect of climate change and unpredictable seasonal and weather factors; (vii) failure to comply with competition and antitrust laws; (viii) effect of competition in Corteva's industry; (ix) competitor's establishment of an intermediary platform for distribution of Corteva's products; (x) risk related to geopolitical and military conflict; (xi) effect of volatility in Corteva's input costs; (xii) risks related to Corteva's global operations; (xiii) effect of industrial espionage and other disruptions to Corteva's supply chain, information technology or network systems;  (xiv) risks related to environmental litigation and the indemnification obligations of legacy EIDP liabilities in connection with the separation of Corteva; (xv) impact of Corteva's dependence on third parties with respect to certain of its raw materials or licenses and commercialization; (xvi) failure of Corteva's customers to pay their debts to Corteva, including customer financing programs; (xvii) failure to effectively manage acquisitions, divestitures, alliances, restructurings, cost savings initiatives, and other portfolio actions; (xviii) failure to raise capital through the capital markets or short-term borrowings on terms acceptable to Corteva; (xix) increases in pension and other post-employment benefit plan funding obligations; (xx) risks related to pandemics or epidemics; (xxi) capital markets sentiment towards sustainability matters; (xxii) Corteva's intellectual property rights or defense against intellectual property claims asserted by others; (xxiii) effect of counterfeit products; (xxiv) Corteva's dependence on intellectual property cross-license agreements; and (xxv) other risks related to the Separation from DowDuPont.

    Additionally, there may be other risks and uncertainties that Corteva is unable to currently identify or that Corteva does not currently expect to have a material impact on its business. Where, in any forward-looking statement or other estimate, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of Corteva's management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. Corteva disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled "Risk Factors" (Part I, Item 1A of this Form 10-K).

    Regulation G (Non-GAAP Financial Measures)

    This earnings release includes information that does not conform to U.S. GAAP and are considered non-GAAP measures. These measures may include organic sales, organic growth (including by segment and region), operating EBITDA, operating earnings (loss) per share, and base income tax rate. Management uses these measures internally for planning and forecasting, including allocating resources and evaluating incentive compensation. Management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year over year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as an alternative to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. Reconciliations for these non-GAAP measures to U.S. GAAP are provided in the Selected Financial Information and Non-GAAP Measures starting on page A-5 of the Financial Statement Schedules.

    Corteva is not able to reconcile its forward-looking non-GAAP financial measures, except for Free Cash Flow, to its most comparable U.S. GAAP financial measures, as it is unable to predict with reasonable certainty items outside of the Company's control, such as significant items, without unreasonable effort. For significant items reported in the periods presented, refer to page A-10 of the Financial Statement Schedules. Beginning January 1, 2020, the Company presents accelerated prepaid royalty amortization expense as a significant item. Accelerated prepaid royalty amortization represents the non-cash charge associated with the recognition of upfront payments made to Monsanto in connection with the Company's non-exclusive license in the United States and Canada for Monsanto's Genuity® Roundup Ready 2 Yield® and Roundup Ready 2 Xtend® herbicide tolerance traits. Due to the ramp-up of Enlist E3TM, Corteva significantly reduced the volume of products with the Roundup Ready 2 Yield® and Roundup Ready 2 Xtend® herbicide tolerance traits beginning in 2021, with expected minimal use of the trait platform thereafter. In 2023 and 2024, the company committed to restructuring activities to optimize the Crop Protection network of manufacturing and external partners, which are expected to be substantially complete in 2026. The company expects to record approximately $150 million to $165 million net pre-tax restructuring charges during 2025 for these activities.

    Organic sales is defined as price and volume and excludes currency and portfolio and other impacts, including significant items. Operating EBITDA is defined as earnings (loss) (i.e., income (loss) from continuing operations before income taxes) before interest, depreciation, amortization, non-operating benefits (costs), foreign exchange gains (losses), and net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting, excluding the impact of significant items. Non-operating benefits (costs) consists of non-operating pension and other post- employment benefit (OPEB) credits (costs), tax indemnification adjustments, and environmental remediation and legal costs associated with legacy businesses and sites. Tax indemnification adjustments relate to changes in indemnification balances, as a result of the application of the terms of the Tax Matters Agreement, between Corteva and Dow and/or DuPont that are recorded by the Company as pre-tax income or expense.

    Operating earnings (loss) per share is defined as "earnings (loss) per common share from continuing operations - diluted" excluding the after-tax impact of significant items, the after-tax impact of non-operating benefits (costs), the after-tax impact of amortization expense associated with intangible assets existing as of the Separation from DowDuPont, and the after-tax impact of net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting. Although amortization of the Company's intangible assets is excluded from these non-GAAP measures, management believes it is important for investors to understand that such intangible assets contribute to revenue generation. Amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets have been fully amortized. Any future acquisitions may result in amortization of additional intangible assets. Net unrealized gain or loss from mark-to-market activity for certain foreign currency derivative instruments that do not qualify for hedge accounting represents the non-cash net gain (loss) from changes in fair value of certain undesignated foreign currency derivative contracts. Upon settlement, which is within the same calendar year of execution of the contract, the realized gain (loss) from the changes in fair value of the non-qualified foreign currency derivative contracts will be reported in the relevant non-GAAP financial measures, allowing quarterly results to reflect the economic effects of the foreign currency derivative contracts without the resulting unrealized mark to fair value volatility. Base income tax rate is defined as the effective income tax rate less the effect of exchange gains (losses), significant items, amortization of intangibles (existing as of Separation), mark-to-market (gains) losses on certain foreign currency contracts not designated as hedges, and non-operating (benefits) costs.

    The Company also uses Free Cash Flow as a non-GAAP measure to evaluate and discuss its liquidity position and ability to generate cash. Free Cash Flow is defined as cash provided by (used for) operating activities – continuing operations, less capital expenditures. Management believes that Free Cash Flow provides investors with meaningful information regarding the company's ongoing ability to generate cash through core operations, and the company's ability to service its indebtedness, pay dividends (when declared), make share repurchases, and meet its ongoing cash needs for its operations.

    ® TM Corteva Agriscience and its affiliated companies.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/corteva-strong-4q-driven-by-record-crop-demand-disciplined-execution-302369365.html

    SOURCE Corteva Agriscience

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      Consumer Staples
    • Corteva Declares Quarterly Dividend

      INDIANAPOLIS, April 30, 2025 /PRNewswire/ -- Corteva, Inc. (NYSE:CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.17 cents per share, payable June 16, 2025, to the Company's shareholders of record on June 2, 2025. EIDP, Inc. Announces Preferred Stock Dividend The Board of Directors of EIDP, Inc. (formerly known as E. I. du Pont de Nemours and Company) (EIDP) declared regular preferred stock dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 per share on the $3.50 series preferred stock – both payable July

      4/30/25 5:00:00 PM ET
      $CTVA
      Farming/Seeds/Milling
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    $CTVA
    Insider Trading

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    • Director Ward Pat was granted 2,990 shares, increasing direct ownership by 9% to 35,758 units (SEC Form 4)

      4 - Corteva, Inc. (0001755672) (Issuer)

      5/2/25 5:05:59 PM ET
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    • Director Preete Kerry J was granted 2,990 shares, increasing direct ownership by 23% to 15,959 units (SEC Form 4)

      4 - Corteva, Inc. (0001755672) (Issuer)

      5/2/25 5:04:18 PM ET
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    • Director Page Gregory R was granted 4,930 shares, increasing direct ownership by 8% to 64,668 units (SEC Form 4)

      4 - Corteva, Inc. (0001755672) (Issuer)

      5/2/25 5:03:12 PM ET
      $CTVA
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    $CTVA
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Corteva upgraded by Argus with a new price target

      Argus upgraded Corteva from Hold to Buy and set a new price target of $69.00

      3/31/25 8:28:44 AM ET
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    • Goldman initiated coverage on Corteva with a new price target

      Goldman initiated coverage of Corteva with a rating of Buy and set a new price target of $71.00

      3/13/25 7:29:10 AM ET
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    • Citigroup initiated coverage on Corteva with a new price target

      Citigroup initiated coverage of Corteva with a rating of Buy and set a new price target of $68.00

      10/23/24 6:22:34 AM ET
      $CTVA
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    $CTVA
    SEC Filings

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    • SEC Form S-3ASR filed by Corteva Inc.

      S-3ASR - Corteva, Inc. (0001755672) (Filer)

      5/8/25 5:10:23 PM ET
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    • SEC Form 10-Q filed by Corteva Inc.

      10-Q - Corteva, Inc. (0001755672) (Filer)

      5/8/25 4:58:36 PM ET
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    • Corteva Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Corteva, Inc. (0001755672) (Filer)

      5/7/25 4:44:40 PM ET
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    $CTVA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • SEC Form SC 13G/A filed by Corteva Inc. (Amendment)

      SC 13G/A - Corteva, Inc. (0001755672) (Subject)

      2/13/24 5:02:29 PM ET
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    • SEC Form SC 13G/A filed by Corteva Inc. (Amendment)

      SC 13G/A - Corteva, Inc. (0001755672) (Subject)

      2/13/24 10:39:28 AM ET
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    • SEC Form SC 13G/A filed by Corteva Inc. (Amendment)

      SC 13G/A - Corteva, Inc. (0001755672) (Subject)

      2/9/23 11:15:26 AM ET
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    $CTVA
    Financials

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    • Corteva Delivers Strong 1Q 2025, Reaffirms 2025 Outlook

      First quarter sales reflect demand for growth platforms and strength of technology portfolioContinued operational excellence results in improved cost positionFull-year 2025 guidance3 reaffirmed, including progress on 2027 value frameworkINDIANAPOLIS, May 7, 2025 /PRNewswire/ -- Corteva, Inc. (NYSE:CTVA) ("Corteva" or the "Company") today reported financial results for the first quarter ended March 31, 2025. 1Q 2025 Results Overview Net Sales Inc. from Cont. Ops (After Tax) EPS GAAP $4.42B $667M $0.97 vs. 1Q 2024 (2) % 77 % 83 % Organic1 Sales Operating EBITDA1 Operating EPS1 N

      5/7/25 4:30:00 PM ET
      $CTVA
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      Consumer Staples
    • Corteva Declares Quarterly Dividend

      INDIANAPOLIS, April 30, 2025 /PRNewswire/ -- Corteva, Inc. (NYSE:CTVA) today announced its Board of Directors has authorized a common stock dividend of $0.17 cents per share, payable June 16, 2025, to the Company's shareholders of record on June 2, 2025. EIDP, Inc. Announces Preferred Stock Dividend The Board of Directors of EIDP, Inc. (formerly known as E. I. du Pont de Nemours and Company) (EIDP) declared regular preferred stock dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 per share on the $3.50 series preferred stock – both payable July

      4/30/25 5:00:00 PM ET
      $CTVA
      Farming/Seeds/Milling
      Consumer Staples
    • Corteva Strong 4Q Driven by Record Crop Demand, Disciplined Execution

      Full-year 2024 results in-line with expectations on technology demand and controllable leversStrong 4Q volume gains across both businesses, notably in Brazil, reflects growing momentumFull-year 2025 guidance3 refined for currency impact from the strengthening U.S. dollarINDIANAPOLIS, Feb. 5, 2025 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the fourth quarter and full-year ended December 31, 2024. 4Q 2024 Results Overview   Net Sales   Loss from Cont. Ops (After Tax)   EPS GAAP $4.0B $(50)M $(0.08) vs. 4Q 2023 7 %

      2/5/25 4:30:00 PM ET
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    $CTVA
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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    • Eathington Samuel R bought $50,401 worth of shares (1,094 units at $46.07), increasing direct ownership by 3% to 41,066 units (SEC Form 4)

      4 - Corteva, Inc. (0001755672) (Issuer)

      11/29/23 4:36:22 PM ET
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      Farming/Seeds/Milling
      Consumer Staples
    • King Robert D. bought $29,933 worth of shares (640 units at $46.77), increasing direct ownership by 1% to 59,701 units (SEC Form 4)

      4 - Corteva, Inc. (0001755672) (Issuer)

      11/15/23 4:55:52 PM ET
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    • Glenn Timothy P bought $183,944 worth of shares (4,000 units at $45.99), increasing direct ownership by 3% to 163,121 units (SEC Form 4)

      4 - Corteva, Inc. (0001755672) (Issuer)

      11/15/23 4:54:03 PM ET
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    $CTVA
    Leadership Updates

    Live Leadership Updates

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    • Siteimprove Appoints Nayaki Nayyar as New Chief Executive Officer

      Seasoned SaaS and Artificial Intelligence (AI) veteran joins Siteimprove to drive the next phase ofinnovation and growth BELLEVUE, Wash. and COPENHAGEN, Denmark, March 4, 2025 /PRNewswire/ -- Siteimprove, the leading AI-powered SaaS-platform for delivering digital content experiences that are compliant and accessible, today announced that Nayaki Nayyar has been appointed Chief Executive Officer (CEO) and Board Member. Nayyar is a seasoned executive with over 25 years of deep industry experience in driving transformation, innovation and growth at large enterprise software comp

      3/4/25 10:00:00 AM ET
      $CTVA
      $SNX
      Farming/Seeds/Milling
      Consumer Staples
      Retail: Computer Software & Peripheral Equipment
      Technology
    • Corteva Announces Tim Glenn Retirement, Appoints Judd O'Connor EVP, Seed Business Unit

      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.  O'Connor, a 25-year veteran of Corteva and its heritage companies, assumes this position after serving as the President of its North Amer

      10/15/24 4:30:00 PM ET
      $CTVA
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    • Corteva Announces CFO Dave Anderson Retirement, Appoints David Johnson as EVP, Chief Financial Officer

      INDIANAPOLIS, July 31, 2024 /PRNewswire/ -- Corteva, Inc. (NYSE:CTVA) announced today that it has appointed David Johnson as its new Executive Vice President and Chief Financial Officer (CFO), effective September 16, 2024. David, who will be based at Corteva headquarters in Indianapolis, joins Corteva from Atkore, a publicly traded company and leader in electrical, safety, and infrastructure solutions, where he also served as CFO.  He will succeed Dave Anderson, current Corteva EVP and CFO, who will serve as a Strategic Advisor to the CEO until his retirement in the first quarter of 2025, ensuring a seamless transition.

      7/31/24 4:15:00 PM ET
      $CTVA
      Farming/Seeds/Milling
      Consumer Staples