Will Revenue Decline Impact Corning's (GLW) Q4 Earnings?
Corning(GLW) Zacks Investment Research·2024-01-26 01:26
Corning Incorporated (GLW) is set to report fourth-quarter 2023 results on Jan 30, before the opening bell. It delivered a trailing four-quarter earnings surprise of 2.45% on average. The advanced glass substrates producer is likely to witness a revenue decline year over year owing to soft demand trends and inventory adjustments in the Optical Communication segment. Weakness in Display Technologies and Life Science verticals is also a major concern. However, management’s effort to improve productivity is a ...