Previous close | 0.2800 |
Open | 0.3600 |
Bid | 0.2500 |
Ask | 0.4000 |
Strike | 70.00 |
Expiry date | 2024-08-16 |
Day's range | 0.3600 - 0.3600 |
Contract range | N/A |
Volume | |
Open interest | 26 |
Although the revenue and EPS for Corteva, Inc. (CTVA) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Performance Aligns with Expectations, Seed Segment Shows Resilience
Agrichemicals firm Corteva beat estimates for first-quarter profit on Wednesday, as strong performance in its North American seed business offset weakness in its crop protection unit. Corteva's seed business has benefited from higher demand in its key North American market as corn cultivation and harvest in the United States remained steady in the quarter. Net sales from its seed segment rose 2% to $2.75 billion, backed by a 6% rise in prices.