Core Viewpoint - Analysts forecast a quarterly loss of $0.31 per share for Corteva, Inc. (CTVA), indicating a year-over-year decline of 34.8%, while revenues are expected to reach $2.69 billion, reflecting a 3.7% increase compared to the previous year [1]. Revenue Estimates - The average prediction for 'Revenue- Seed' is $903.44 million, showing a year-over-year change of +2.9% [5]. - 'Revenue- Crop Protection' is anticipated to be $1.76 billion, also indicating a +2.9% year-over-year change [5]. - 'Revenue- Crop Protection- Other' is expected to be $188.06 million, reflecting a significant decline of -26.3% year over year [5]. - 'Revenue- Seed- Other' is projected to reach $75.93 million, marking a +26.6% change from the prior-year quarter [6]. - 'Revenue- Crop Protection- Herbicides' is forecasted at $833.21 million, indicating a +2.2% year-over-year change [6]. - 'Revenue- Crop Protection- Insecticides' is estimated at $425.70 million, showing a +2.3% change from the year-ago quarter [6]. - 'Revenue- Crop Protection- Fungicides' is expected to reach $303.82 million, reflecting a substantial increase of +34.4% from the prior-year quarter [7]. - 'Revenue- Seed- Soybean' is projected at $207.20 million, indicating a +9.6% year-over-year change [7]. - 'Revenue- Seed- Corn' is estimated at $508.43 million, suggesting a +4.4% year-over-year change [7]. - 'Revenue- Seed- Other oilseeds' is expected to be $126.35 million, indicating a decline of -11% year over year [8]. Operating Metrics - Analysts predict 'Operating EBITDA- Crop Protection' to reach $184.03 million, which is consistent with the year-ago value of $184 million [8]. Stock Performance - Corteva, Inc. shares have shown a return of +4.9% over the past month, contrasting with the Zacks S&P 500 composite's -1% change, and the company holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [8].
Insights Into Corteva, Inc. (CTVA) Q3: Wall Street Projections for Key Metrics