Corteva (NYSE:CTVA) reported its Q1 earnings results on Wednesday, May 3, 2023 at 05:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Corteva beat estimated earnings by 24.73%, reporting an EPS of $1.16 versus an estimate of $0.93.
Revenue was up $284.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 3.85% drop in the share price the next day.
Here’s a look at Corteva’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | -0.23 | 1.46 | 0.82 |
| EPS Actual | 0.16 | -0.12 | 1.64 | 0.97 |
| Revenue Estimate | 3.79B | 2.60B | 6.10B | 4.49B |
| Revenue Actual | 3.83B | 2.78B | 6.25B | 4.60B |
To track all earnings releases for Corteva visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
