Corning (GLW) Expected to Post Earnings on Tuesday

Key Points

• Corning is expected to report Q3 2026 results before the market opens on October 27. Analysts forecast earnings of $0.879 per share and revenue of $5.02 billion, within the company’s guidance of $0.85–$0.89 EPS.
• In the prior quarter, Corning beat expectations with $0.78 EPS versus $0.76 expected and revenue of $4.74 billion, up 17.1% year over year.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $177.56, although several firms recently reduced their targets. Corning also declared a quarterly dividend of $0.28 per share, representing a 0.8% yield.

Corning (NYSE:GLW - Get Free Report) will likely be releasing its Q3 2026 results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $0.8790 per share and revenue of $5.02 billion for the quarter. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. Parties can find conference call details on the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, October 27, 2026 at 8:30 AM ET.

Corning (NYSE:GLW - Get Free Report) last issued its earnings results on Tuesday, July 28th. The electronics maker reported $0.78 EPS for the quarter, beating the consensus estimate of $0.76 by $0.02. The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.63 billion. Corning had a net margin of 11.20% and a return on equity of 20.09%. The firm's revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 EPS. On average, analysts expect Corning to post $3.28 EPS for the current fiscal year and $4.29 EPS for the next fiscal year.

Corning Price Performance

NYSE:GLW opened at $132.83 on Tuesday. The firm has a market cap of $114.42 billion, a PE ratio of 45.99, a price-to-earnings-growth ratio of 1.68 and a beta of 1.13. Corning has a 12 month low of $77.39 and a 12 month high of $271.78. The company has a quick ratio of 1.24, a current ratio of 1.81 and a debt-to-equity ratio of 0.59. The company's 50-day moving average price is $153.68 and its two-hundred day moving average price is $168.93.

Corning Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, November 13th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. Corning's dividend payout ratio (DPR) is presently 51.14%.

Insider Buying and Selling at Corning

In other news, EVP Lewis Steverson sold 13,100 shares of the company's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $151.29, for a total transaction of $1,981,899.00. Following the transaction, the executive vice president directly owned 15,052 shares in the company, valued at approximately $2,277,217.08. This represents a 46.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.25% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GLW. Mizuho cut their target price on shares of Corning from $210.00 to $180.00 and set an "outperform" rating for the company in a research note on Tuesday, September 15th. Weiss Ratings lowered Corning from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, August 21st. Citigroup decreased their price target on Corning from $240.00 to $220.00 and set a "buy" rating on the stock in a research report on Wednesday, July 29th. Wall Street Zen raised Corning from a "hold" rating to a "buy" rating in a research note on Saturday, October 10th. Finally, Oppenheimer decreased their target price on Corning from $230.00 to $200.00 and set an "outperform" rating on the stock in a report on Wednesday, July 29th. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $177.56.

Corning Company Profile

Corning Incorporated NYSE: GLW is a technology company that develops and manufactures specialty glass, ceramics and optical-fiber products. Its materials and engineering expertise support communications networks, consumer electronics, automotive systems, life sciences and other industrial applications.

The company's products include optical fiber, cable and connectivity solutions used in telecommunications infrastructure; glass substrates for televisions, computer monitors and other displays; durable cover glass for mobile devices; emissions-control components for vehicles; laboratory glassware and consumables; and specialized glass and ceramic materials for scientific, industrial and semiconductor applications.

Founded in 1851 and headquartered in Corning, New York, the company serves customers through operations and facilities across North America, Europe, Asia and other international markets.

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