Corteva reports Q1 non-GAAP EPS $1.13, consensus 88c

Reports Q1 non-GAAP revenue $4.61B, consensus $4.55B. CEO Chuck Magro said, “In Q1, Corteva (CTVA) delivered on rising demand for our differentiated technology, while our focus on cost discipline and operational excellence in both businesses delivered net cost reductions and margin expansion. As a result, we achieved year-over-year growth and a strong first quarter performance overall. While we continue preparations to navigate a fluid macro environment, we also expect to continue such performance over the course of 2025 – including double digit earnings growth and continued margin expansion – and are therefore reaffirming our full year guidance. Our 2027 financial framework also remains on track as we gain momentum from our next generation technology pipeline coming to market.”