8/106 sources · 4 publishersUpdated Nov 12, 15:27 UTC
Corteva reports Q3 2026 miss and cuts 2026 guidance amid weak Brazil demand
Corteva posted third‑quarter 2026 net sales of $1.59 billion, down 9% year‑over‑year, and adjusted operating earnings of $0.06 per share, missing analyst expectations. Adjusted EBITDA fell 17% to $222 million. The company lowered its full‑year 2026 adjusted EBITDA outlook to $1.1‑$1.125 billion and set FY EPS guidance at $0.76‑$0.80, citing weaker demand in Latin America, especially Brazil.
Why it matters
The revised FY 2026 EPS range of $0.76‑$0.80, while above consensus, comes with a lower EBITDA outlook, signaling reduced profitability for the year. The earnings miss and guidance cut triggered a sharp sell‑off in Corteva’s stock.
Key facts
- 1Net sales were $1.59 billion, a 9% decline year‑over‑year. prnewswire.com
- 2Adjusted operating earnings per share were $0.06. prnewswire.com
- 3Adjusted EBITDA for the quarter was $222 million, down 17% from the prior year. prnewswire.com
- 4Full‑year 2026 adjusted EBITDA guidance was revised to a range of $1.1 billion to $1.125 billion. prnewswire.com
- 5Full‑year 2026 EPS guidance was set at $0.76 to $0.80 per share. prnewswire.com
- 6Organic sales in Latin America fell 31%, driven by weak Brazil demand. prnewswire.com
Open questions
- Share price decline reported as 6.4% in material 4 versus 23% in material 6.
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.