Shares of Corteva CTVA moved higher in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share fell 42.86% over the past year to $0.04, which beat the estimate of ($0.05).
Revenue of $3,207,000,000 up by 7.51% from the same period last year, which beat the estimate of $2,970,000,000.
Outlook
Corteva hasn't issued any earnings guidance for the time being.
Corteva hasn't issued any revenue guidance for the time being.
Recent Stock Performance
Company's 52-week high was at $44.96
52-week low: $20.38
Price action over last quarter: Up 23.34%
Company Description
Corteva was formed in 2019 as the agriculture division of the DowDuPont merger and subsequent separation. The company is a leader in the development of new seed and crop chemicals products. Seeds and crop protection chemicals each generate roughly half of total company profits. Although Corteva operates globally, around half of revenue comes from North America.
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