Corteva reports Q3 adjusted EPS (23c), consensus (47c)

Reports Q3 revenue $2.62B, consensus $2.47B. Chuck Magro, Chief Executive Officer, said, “We delivered a strong third quarter across the company, reinforcing our conviction that our two businesses will continue to thrive as independent public companies. In Crop Protection, demand for differentiated technology and productivity gains support margin expansion, while Seed continues to benefit from its strength in advanced genetics, growth in out-licensing and ongoing cost discipline. Our planned separation in the second half of 2026 is driven by our belief that it will create long-term value, as ‘New Corteva (CTVA)” and “SpinCo’ strengthen their positions as market leaders with sharper focus, tailored capital allocation strategies and increased flexibility. Until then, we will continue to execute on our growth platforms and financial framework as one company with a unifying vision: to drive value for farmers, shareholders, employees and the communities we all call home.”