Corning (GLW) reported $3.73 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 7.9%. EPS of $0.54 for the same period compares to $0.45 a year ago.The reported revenue represents a surprise of +0.82% over the Zacks Consensus Estimate of $3.7 billion. With the consensus EPS estimate being $0.52, the EPS surprise was +3.85%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

Corning (GLW) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 3.85%. A quarter ago, it was expected that this specialty glass maker would post earnings of $0.46 per share when it actually produced earnings of $0.47, delivering a surprise of 2.17%. Over the last four quarters, the comp ...

Exhibit 99 FOR RELEASE – Oct. 29, 2024 Corning Reports Strong Third-Quarter 2024 Financial Results (1) Highlighting Key Milestones in 'Springboard' Plan to Add More Than $3 Billion in Annualized Sales, and Achieve Operating Margin of 20%, by the End of 2026 Results were at the high end of guidance, led by Optical Communications, which grew sales in its Enterprise business 55% year over year, driven by continued strong adoption of new optical-connectivity products for generative AI GAAP operating margin expa ...

Wall Street analysts expect Corning (GLW) to post quarterly earnings of $0.52 per share in its upcoming report, which indicates a year-over-year increase of 15.6%. Revenues are expected to be $3.7 billion, up 7% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company announces its earnings ...

Corning Incorporated (GLW) is set to report its third-quarter 2024 results on Oct. 29, before the opening bell. It delivered a trailing four-quarter earnings surprise of 0.77% on average. In the last reported quarter, the company reported an earnings surprise of 2.17%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The advanced glass substrates producer is likely to witness revenue growth year over year, owing to healthy demand in several segments, including Optical Communications, ...

文章核心观点 - 康宁公司与KD公司合作,共同开发新的IEEE 802.3cz标准,提供高达50Gbps的车载信息系统和驾驶辅助系统的高速连接 [1] - 康宁公司提供更轻便、更灵活的光纤电缆,带宽提高20倍,且抗电磁干扰,与KD公司的KD7251收发器兼容 [2] 公司财务分析 - 康宁公司2023年12月31日的财务数据如下 [3] - 营收688亿美元 - 毛利率31.2% - 净利率4% - 光通信业务营收89亿美元,占比7.1%,利润8.16亿美元 - 显示玻璃业务营收21.7亿美元,占比1.7%,利润2.17亿美元 - 特种材料业务营收11亿美元,占比8.5% - 环境技术业务营收9.59亿美元,占比7.6% - 赫姆洛克和新兴业务营收14.8亿美元,占比115% - 康宁公司过去5年增长率仅5%,净利率较低,可能不适合长期投资 [3] 投资建议 - 建议投资者关注其他增长更快、利润更厚的股票 [3] - 可以访问GuruFocus网站,查看更多关于康宁公司的分析和洞见 [4]

文章核心观点 - Zacks Premium是一个流行的研究服务,可以帮助投资者成为更聪明、更自信的投资者,提供Zacks Rank和Zacks Industry Rank、Zacks 1 Rank List、股票研究报告和高级股票筛选等 [1] - Zacks Style Scores是一个独特的评分系统,根据价值、成长和动量三大投资风格对股票进行评分,帮助投资者选择有更高概率在未来30天内战胜市场的证券 [2][3][4] - Zacks Rank是一个专有的股票评级模型,利用盈利预测修正来帮助投资者构建成功的投资组合 [5][6][7] 公司概况 - Corning是一家总部位于纽约的玻璃公司,从事玻璃技术的研发和生产,为多个市场提供先进的玻璃基板 [8] - Corning目前在Zacks Rank中评级为3级(Hold),VGM评分为B [8] - Corning的动量评分为B,过去4周股价上涨7.7% [8] - 对于2024财年,有2名分析师在过去60天内上调了盈利预测,Zacks一致预测为每股1.91美元,平均盈利惊喜率为0.8% [8] 投资评级 - 凭借稳健的Zacks Rank和一流的动量及VGM评分,Corning值得投资者关注 [9]

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Corning (GLW) . This company, which is in the Zacks Communication - Components industry, shows potential for another earnings beat.This specialty glass maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.86%.For th ...

Corning Incorporated (GLW) recently unveiled EXTREME ULE Glass - a next-generation material that aims to support chip manufacturers in addressing the escalating demand for advanced technologies. This new glass will likely help chipmakers improve photomasks, which are critical for mass-producing sophisticated and cost-efficient microchips.What GLW’s Launch Brings to the TableEXTREME ULE is engineered to withstand the most intense conditions of extreme ultraviolet (EUV) lithography particularly high numerical ...

In our opinion, Corning Incorporated's (NYSE: GLW ) EPS, beginning October 22,'24, will meet or exceed the EPS reported in any quarters since Q3 '22. The upturn in momentum began in the last quarter, Q2 '24I write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 the pandemic hit. A colleg ...