Corteva, Inc. (CTVA) revealed Loss for third quarter that Decreased from the same period last year and beat the Street estimates.
The company's bottom line totaled -$320 million, or -$0.47 per share. This compares with -$524 million, or -$0.76 per share, last year.
Excluding items, Corteva, Inc. reported adjusted earnings of -$156 million or -$0.23 per share for the period.
Analysts on average had expected the company to earn -$0.47 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.6% to $2.618 billion from $2.326 billion last year.
Corteva, Inc. earnings at a glance (GAAP) :
-Earnings: -$320 Mln. vs. -$524 Mln. last year.-EPS: -$0.47 vs. -$0.76 last year.-Revenue: $2.618 Bln vs. $2.326 Bln last year.
-Guidance:Full year EPS guidance: $3.25 - $3.35Full year revenue guidance: $17.7 - $17.9 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.