WASHINGTON (dpa-AFX) - Corteva, Inc. (CTVA) announced a profit for first
quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $419 million, or $0.60 per share. This
compares with $595 million, or $0.83 per share, in last year's first quarter.

Excluding items, Corteva, Inc. reported adjusted earnings of $625 million or
$0.89 per share for the period.

Analysts on average had expected the company to earn $0.84 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 8.0% to $4.49 billion from $4.88
billion last year.

Corteva, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $419 Mln. vs. $595 Mln. last year.
-EPS (Q1): $0.60 vs. $0.83 last year.
-Revenue (Q1): $4.49 Bln vs. $4.88 Bln last year.

-Guidance:
Full year EPS guidance: $2.70 to $2.90


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