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Corning (GLW) Earnings Date, Estimates & Call Transcripts

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Earnings Summary

Upcoming
Earnings Date
Apr. 30
Before Market Opens
Confirmed
Actual EPS
(Jan. 30)
$0.39
Consensus EPS
(Jan. 30)
$0.39
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

GLW Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GLW Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Corning Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.36$0.49$0.430.320 - 0.380
Q2 20242$0.41$0.54$0.48 
Q3 20242$0.51$0.60$0.56 
Q4 20242$0.53$0.62$0.58 
FY 20248$1.81$2.25$2.03 
Q1 20251$0.45$0.45$0.45 
Q2 20251$0.50$0.50$0.50 
Q3 20251$0.55$0.55$0.55 
Q4 20251$0.53$0.53$0.53 
FY 20254$2.03$2.03 $2.03

GLW Earnings Date and Information

Corning last released its quarterly earnings data on January 30th, 2024. The electronics maker reported $0.39 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.39. The business earned $2.99 billion during the quarter, compared to the consensus estimate of $3.26 billion. Its revenue was down 12.1% compared to the same quarter last year. Corning has generated $0.67 earnings per share over the last year ($0.67 diluted earnings per share) and currently has a price-to-earnings ratio of 46.8. Earnings for Corning are expected to grow by 15.51% in the coming year, from $1.87 to $2.16 per share. Corning has confirmed that its next quarterly earnings report will be published on Tuesday, April 30th, 2024. Corning will be holding an earnings conference call on Tuesday, April 30th at 8:30 AM Eastern. Interested parties can register for or listen to the call..

Corning Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/30/2024
Confirmed)		-------  
1/30/2024Q4 2023$0.39$0.39-$0.83$3.26 billion$2.99 billion    
10/24/2023Q3 2023$0.46$0.45($0.01)$0.71$3.51 billion$3.17 billion    
7/25/2023Q2 2023$0.45$0.45-$0.57$3.48 billion$3.48 billion    
4/25/2023Q1 2023$0.39$0.41+$0.02$0.62$3.35 billion$3.37 billion    
1/31/2023Q4 2022$0.44$0.47+$0.03$0.98$3.54 billion$3.63 billion    
10/25/2022Q3 2022$0.51$0.51-$0.78$3.67 billion$3.67 billion    
7/26/2022Q2 2022$0.56$0.57+$0.01$0.48$3.79 billion$3.76 billion    
4/26/2022Q1 2022$0.49$0.54+$0.05$0.40$3.55 billion$3.74 billion    
1/26/2022Q4 2021$0.51$0.54+$0.03$0.52$3.59 billion$3.71 billion    
10/26/2021Q3 2021$0.58$0.56($0.02)$0.69$3.63 billion$3.64 billion    
7/26/2021Q2 2021$0.51$0.53+$0.02$1.48$3.40 billion$3.50 billion    

Corning Earnings - Frequently Asked Questions

When is Corning's earnings date?

Corning has confirmed that its next quarterly earnings data will be published on Tuesday, April 30th, 2024. Learn more on GLW's earnings history.

Did Corning beat their earnings estimates last quarter?

In the previous quarter, Corning (NYSE:GLW) reported $0.39 earnings per share (EPS) to hit the analysts' consensus estimate of $0.39. Learn more on analysts' earnings estimate vs. GLW's actual earnings.

How can I listen to Corning's earnings conference call?

The conference call for Corning's latest earnings report can be listened to online. Listen to Conference Call

How can I read Corning's conference call transcript?

The conference call transcript for Corning's latest earnings report can be read online. Read Transcript

How much revenue does Corning generate each year?

Corning (NYSE:GLW) has a recorded annual revenue of $12.59 billion.

How much profit does Corning generate each year?

Corning (NYSE:GLW) has a recorded net income of $581 million. GLW has generated $0.67 earnings per share over the last four quarters.

What is Corning's price-to-earnings ratio?

Corning (NYSE:GLW) has a trailing price-to-earnings ratio of 46.76 and a forward price-to-earnings ratio of 16.75. The price/earnings-to-growth ratio is 1.73.

What is Corning's EPS forecast for next year?

Corning's earnings are expected to grow from $1.87 per share to $2.16 per share in the next year, which is a 15.51% increase.


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This page (NYSE:GLW) was last updated on 4/29/2024 by MarketBeat.com Staff

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