Earnings Preview: What to Expect From Corteva's Report

Core Insights - Corteva, Inc. is an agriculture company focused on providing seed and crop protection solutions, with a market capitalization of $42.1 billion, and is set to announce its fiscal Q3 earnings for 2025 on November 4 [1] Financial Performance - Analysts anticipate a loss of $0.49 per share for the upcoming quarter, consistent with the same period last year, while Corteva has exceeded Wall Street's earnings estimates in two of the last four quarters [2] - For fiscal 2025, Corteva is projected to report a profit of $3.21 per share, reflecting a 24.9% increase from $2.57 per share in fiscal 2024, with further growth expected to $3.64 per share in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, Corteva's stock has increased by 4.6%, underperforming the S&P 500 Index's 15.1% rise but outperforming the Materials Select Sector SPDR Fund's 8.6% decline [4] Recent Results and Guidance - Corteva reported stronger-than-expected Q2 results, with net sales rising 5.6% year-over-year to $6.5 billion, surpassing estimates by 3.4%, and operating EPS of $2.20, which improved 20.2% from the previous year [5] - Following the positive Q2 results, Corteva raised its fiscal 2025 guidance, expecting operating EPS between $3 and $3.20, and net sales between $17.6 billion and $17.8 billion [5] Analyst Ratings - Wall Street analysts maintain a "Strong Buy" rating for Corteva, with 15 out of 22 analysts recommending "Strong Buy," and a mean price target of $79.42, indicating a potential upside of 28.2% from current levels [6]