Corteva Cuts Full Year Net Sales Outlook From $17.9B-$18.2B To $17B-$17.3B, Operating EPS From $2.75-$2.90 To $2.50-$2.70
Portfolio Pulse from Benzinga Newsdesk
Corteva has reduced its full year net sales outlook from $17.9B-$18.2B to $17B-$17.3B, and its operating EPS from $2.75-$2.90 to $2.50-$2.70.
October 27, 2023 | 12:14 pm
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NEGATIVE IMPACT
Corteva's lowered full year net sales and operating EPS outlook may negatively impact its stock price.
Corteva's lowered full year net sales and operating EPS outlook indicates a potential decrease in profitability, which could lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100