Corteva, Inc. (CTVA) released a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's earnings came in at $1.314 billion, or $1.92 per share. This compares with $1.053 billion, or $1.51 per share, last year.
Excluding items, Corteva, Inc. reported adjusted earnings of $1.504 billion or $2.20 per share for the period.
Analysts on average had expected the company to earn $1.88 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.6% to $6.456 billion from $6.112 billion last year.
Corteva, Inc. earnings at a glance (GAAP) :
-Earnings: $1.314 Bln. vs. $1.053 Bln. last year.-EPS: $1.92 vs. $1.51 last year.-Revenue: $6.456 Bln vs. $6.112 Bln last year.
-Guidance:Full year EPS guidance: 3.00 - $3.20Full year revenue guidance: $17.6 - $17.8 Bln
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.