Corteva Delays Third-Quarter Results Until Before November 12 Conference After Completing Seed Business Separation
Key Facts
Corteva said it expects to release third-quarter results before its earnings conference scheduled for November 12, 2026, after requesting additional time to complete reporting procedures related to the separation of its seed business. The company said in its filing with the Securities and Exchange Commission that the separation was completed on October 1, 2026. Its investor relations calendar lists the conference webcast at 10:30 a.m. Eastern Time on November 12. The date comes as the company prepares to present its results after completing the separation. In its filing, Corteva linked the delay to reporting requirements following completion of the separation.
In the same filing, Corteva said it expects a higher seasonal loss in the third quarter than in the same period of 2025. It attributed this to separation expenses and ongoing investment in research and development. The outlook provides immediate context for the results due, at a time when the information disclosed here includes neither third-quarter figures nor an updated full-year forecast range. In its July update, the company had raised its 2026 outlook, putting operating EBITDA at $4.1 billion to $4.3 billion. It also set operating earnings per share at $3.60 to $3.80.
First-half results published in July pointed to ongoing pressure on the crop protection business. Second-quarter sales in the business fell 4% from the same period of 2025, with prices down 4% and volume down 2%. Corteva said the price decline was primarily due to the competitive pricing environment in Latin America. In the region, crop protection sales were $519 million in the second quarter of 2026, compared with $518 million in the year-earlier quarter. But organic sales change registered a decline of 7%, reflecting a different reading of performance when the effect of inorganic factors is excluded.
In an earlier update during its second-quarter earnings call, Corteva said it did not expect prices in Brazil to recover during 2026 and described the country's crop protection market as well supplied. The comment places the outlook for prices in Brazil in the context of the regional pressures cited by the company in its first-half results. The stock closed at $12.17 on November 10, according to EL7 data. The expected filing follows completion of the seed business separation, with the November 12 results conference remaining the company's next opportunity to present its financial developments.