01.02.2024 16:32:20 - dpa-AFX: Corteva Climbs 16% On Improved Sales Expectations
WASHINGTON (dpa-AFX) - Corteva, Inc. (CTVA) shares are gaining more than 16
percent on Thursday morning trade after the company said it expects growth in
full-year net sales.
Corteva's projection for annual net sales is in the range of $17.4 billion to
$17.7 billion, growth of 2% at the mid-point.
Operating EBITDA is expected to increase 6 percent at the midpoint, in the range
of $3.5 billion to $3.7 billion.
Currently, shares are at $53.01, up 16.51 percent from the previous close of
$45.48 on a volume of 4,172,871.
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