Corteva, Inc. (CTVA) Lags Q4 Earnings Estimates

Financial Performance - Corteva, Inc. reported quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share, but showing an increase from $0.15 per share a year ago, representing an earnings surprise of -5.88% [1] - The company posted revenues of $3.98 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.80% and increasing from $3.71 billion year-over-year [2] Market Performance - Corteva, Inc. shares have increased approximately 15.3% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.04 on revenues of $4.54 billion, and for the current fiscal year, it is $3.21 on revenues of $17.25 billion [7] - The estimate revisions trend for Corteva, Inc. is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Agriculture - Operations industry, to which Corteva belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]