Corteva falls after Q2 revenue misses estimates
CTVA•Shares fall after revenue miss
Shares of U.S. agriscience company Corteva CTVA.N were down 5% at $86.62 in aftermarket trading after the company reported quarterly results.
Q2 results and full-year outlook
Q2 revenue of $6.38 billion missed estimates of $6.58 billion, according to data compiled by LSEG.
Q2 adjusted EPS was $2.30 versus an estimate of $2.22.
The company expects full-year adjusted earnings between $3.60 per share and $3.80 per share, up from a prior view of $3.45 per share to $3.70 per share.
As of the last close, the stock was down 33% year to date.
