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Corteva, Inc.: Q2 Earnings Snapshot
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INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Corteva, Inc. (CTVA) on Thursday reported second-quarter profit of $1.16 billion.

On a per-share basis, the Indianapolis-based company said it had profit of $1.73. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $2.30 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.24 per share.

The agriculture posted revenue of $6.38 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $6.62 billion.

Corteva, Inc. expects full-year earnings in the range of $3.60 to $3.80 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTVA at https://www.zacks.com/ap/CTVA

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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