CTVA Earnings Prediction
The chart below shows how CTVA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CTVA sees a -1.43% change in stock price 10 days leading up to the earnings, and a +0.42% change 10 days following the report. On the earnings day itself, the stock moves by -0.65%. This data can give you a slight idea of what to expect for the next quarter's release.
CTVA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.98B
7.31%
71.02%
Gross Margin
33.13%
5.34%
30.38%
Operating Margin
5.48%
102.96%
-129.85%
Net Margin
-1.26%
-79.78%
-94.35%
EPS
-0.06
-83.33%
-92.11%
No Data Available
CTVA Earnings Analysis
Corteva Inc Corporation (CTVA.N) Earnings Conference Call
Positive
Record EBITDA Margin Achievement: 20% operating EBITDA margins achieved for the first time in 2024, reflecting strong productivity and cost improvement initiatives.
Crop Protection Sales Surge: Double-digit organic sales growth in crop protection during Q4, with 800 basis points of margin improvement driven by demand in Brazil.
Market Leadership in Agriculture: Pioneer maintained its rank as the number one corn and soybean brand in the US, with significant market share gains in corn despite reduced planted area.
Enlist System Sales Growth: The Enlist system, including herbicide offerings, generated $1.9 billion in sales in 2024, demonstrating strong growth and market penetration.
Free Cash Flow Improvement: Operating free cash flow improved by almost $500 million in 2024, totaling approximately $1.7 billion, supporting a robust return of $1.5 billion to shareholders through dividends and share repurchases.
Negative
Core Product Pricing Decline: Pricing for core products was down 4% in Q4, primarily due to competitive pressure in Brazil, impacting overall revenue.
Organic Sales Performance: Full year 2024 organic sales growth was only 1%, with crop protection organic sales declining by 2% compared to the prior year, indicating market challenges.
Stagnant Operating EBITDA: Operating EBITDA for 2024 was approximately $3.4 billion, essentially flat year-over-year, reflecting stagnation in profitability despite increased sales volume.
Crop Protection Price Decline: The company anticipates a low single-digit decline in crop protection prices for 2025, suggesting ongoing pricing pressures in a competitive market.
US Dollar Impact on EBITDA: A stronger US dollar is expected to create a $275 million headwind on operating EBITDA in 2025, negatively impacting reported financial results.
CTVA FAQs
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CTVA Earning Call Sentiment
Corteva, Inc. (NYSE:CTVA) Q4 2024 Earnings Call Transcript
CTVA.N
-0.45%Positive
The earnings call presents mixed signals: strong organic sales growth and volume increase are offset by competitive pressures and flat EBITDA. While optimistic guidance and a significant share repurchase plan are positives, currency headwinds and regulatory risks pose challenges. The Q&A session highlighted some management uncertainties, particularly regarding tariffs and competitive pressures in Brazil. Without a market cap, the overall sentiment leans neutral, with potential for slight positive movement due to optimistic future guidance and shareholder returns.
