Corteva shares are trading lower after the company reported preliminary Q3 results and cut full year 2023 operating EPS and net sales guidance.
Portfolio Pulse from Benzinga Newsdesk
Corteva has reported preliminary Q3 results and has reduced its full year 2023 operating EPS and net sales guidance. This has led to a decrease in the company's share price.
October 27, 2023 | 12:18 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Corteva's shares are trading lower after the company reported preliminary Q3 results and cut its 2023 operating EPS and net sales guidance.
Corteva's shares are trading lower due to the company's preliminary Q3 results and a reduction in its 2023 operating EPS and net sales guidance. This indicates a potential decrease in the company's profitability, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100