Corteva

An investment of $100 in Corteva one year ago would be worth $108.88 today, representing a return of +8.88% (calculation excludes stock splits and dividends). Corteva's market capitalization was most recently $52.36 billion. » Altro su finanzen.net

Corteva confirmed that subsidiary Vylor filed a first amendment to the registration statement (Form 10) with the SEC; the document provides details on the business, strategy and historical financial results as part of the planned spin-off. The transaction remains subject to conditions, including board approval and regulatory clearances, and the timing and completion are not guaranteed. Separately, Corteva reported Q2 results with adjusted EPS beating expectations but revenue missing forecasts; BMO Capital raised its price target to $100 and reaffirmed an "Outperform" rating. » Altro su de.investing.com

Corteva reported Q2 revenue of $6.38 billion, missing analysts' expectations of roughly $6.57–6.60 billion, prompting a sharp fall in the stock in morning trading. Adjusted EPS of $2.30 beat the consensus, but management only modestly raised the full-year EPS range to $3.60–$3.80, whose midpoint was slightly below analyst estimates. Additionally, Corteva plans a voluntary pension contribution of about $1.5 billion, increasing near-term cash outflows, while the company prepares to split into two units by Q4 2026. Weaker outlook signals for corn and soybean prices also weigh on sentiment, as they could dampen demand in the agricultural sector. » Altro su de.investing.com