Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Corteva (CTVA)
NYSE:CTVA
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.87Last Year’s EPS
0.89Same Quarter Last Year
Strong Buy
Based on 14 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: -0.28%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
Corteva, Inc. showcased strong operational performance with record margins, robust growth in key segments, and ongoing shareholder returns. However, currency headwinds and competitive pricing pressures in crop protection pose challenges. Despite these challenges, the company remains optimistic about future growth driven by its strong seed portfolio and new product launches.Company Guidance
During the Corteva, Inc. 2024 Q4 earnings call, several key metrics and guidance for 2025 were highlighted. The company achieved a 20% operating EBITDA margin for the first time in 2024, with operating free cash flow improving by nearly $500 million to approximately $1.7 billion. Corteva, Inc. returned about $1.5 billion to shareholders through dividends and share repurchases and plans an additional $1 billion in share repurchases for 2025. Despite challenging market conditions, Corteva saw double-digit organic sales growth in crop protection and expects mid-single-digit organic sales growth in crop protection for 2025. Additionally, the seed business performed well, with Pioneer maintaining its position as the top corn and soybean brand in the U.S., and Enlist E3 soybeans reaching 65% market penetration. For 2025, the company anticipates approximately 10% EBITDA growth and margin expansion, expecting $3.6 billion to $3.8 billion in operating EBITDA, with an operating EPS of $2.70 to $2.95. The company aims for a 40% to 45% free cash flow to EBITDA conversion rate, despite facing a $275 million currency headwind primarily due to the Brazilian real, Turkish lira, and Canadian dollar.Record Operating EBITDA Margin Achieved
Corteva, Inc. achieved a 20% operating EBITDA margin for the first time in 2024, alongside operating free cash flow improvement by almost $500 million, reaching about $1.7 billion.
Strong Performance in Crop Protection
The crop protection segment experienced double-digit organic sales growth and 800 basis points of margin improvement in Q4 2024, driven by demand in Brazil.
Seed Business Market Leadership
Pioneer maintained its position as the number one corn and soybean brand in the US, with Enlist E3 soybeans reaching 65% market penetration.
Commitment to Shareholder Returns
Corteva returned approximately $1.5 billion to shareholders in 2024 and plans another $1 billion in share repurchases in 2025.
Growth in Biologicals and New Products
Biologicals witnessed mid-single-digit volume increases in 2024 with expectations of continued strength in 2025, alongside double-digit growth in new products like Spinozan.
---
CTVA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CTVA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $63.82 | $62.36 | -2.29% |
| Nov 06, 2024 | $61.57 | $58.48 | -5.02% |
| Jul 31, 2024 | $55.78 | $52.70 | -5.52% |
| May 01, 2024 | $53.45 | $56.49 | +5.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Corteva (CTVA) report earnings?
Corteva (CTVA) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Corteva (CTVA) earnings time?
Corteva (CTVA) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CTVA EPS forecast?
CTVA EPS forecast for the fiscal quarter 2025 (Q1) is 0.87.
---