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Dec 31, 2021
Corteva Q4 2021 Earnings Report
Corteva reported strong fourth quarter and full-year 2021 results, driven by broad-based execution.
Key Takeaways
Corteva's Q4 2021 results showed an 8% increase in net sales and a 57% increase in GAAP EPS compared to Q4 2020. The company's performance was driven by double-digit gains in Latin America and strong demand for new technologies.
Net sales increased by 8% and organic sales rose by 9% compared to the same quarter last year.
GAAP income from continuing operations after income taxes was $155 million.
Crop Protection net sales increased by 6% due to price execution.
Seed net sales rose by 12%, driven by double-digit gains in Latin America.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Corteva expects net sales in the range of $16.7 billion to $17.0 billion, Operating EBITDA in the range of $2.8 billion to $3.0 billion and operating EPS in the range of $2.30 to $2.50 per share for FY 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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