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Corteva’s 2023 Outlook: Ag Remains on a Roll

Por: MarketWatch Business February 02, 2023

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It’s an earnings miss, but fourth-quarter numbers aren’t all that big a deal for Corteva. Farming is a seasonal business and farmers aren’t buying a lot of seeds and chemicals now. For the full year, earnings before interest, taxes, depreciation and amortization, or Ebitda, came in at $3.2 billion, up 25% year over year and inline with Street estimates. What matters more that Q4 results is 2023 guidance. For the coming year, Corteva... + full article



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