S&P 500   4,585.25 (+0.79%)
DOW   36,123.35 (+0.19%)
QQQ   390.37 (+1.38%)
AAPL   194.22 (+0.99%)
MSFT   370.42 (+0.44%)
META   326.95 (+2.99%)
GOOGL   137.26 (+5.57%)
AMZN   146.61 (+1.45%)
TSLA   241.49 (+0.89%)
NVDA   464.61 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.24 (+1.05%)
AMD   128.46 (+9.96%)
T   17.05 (+0.65%)
F   10.87 (+1.68%)
MU   73.88 (+1.03%)
CGC   0.72 (+2.78%)
GE   119.24 (-0.48%)
DIS   92.46 (+1.05%)
AMC   6.82 (+0.44%)
PFE   28.70 (-0.31%)
PYPL   58.42 (-1.86%)
XOM   98.12 (-1.00%)
S&P 500   4,585.25 (+0.79%)
DOW   36,123.35 (+0.19%)
QQQ   390.37 (+1.38%)
AAPL   194.22 (+0.99%)
MSFT   370.42 (+0.44%)
META   326.95 (+2.99%)
GOOGL   137.26 (+5.57%)
AMZN   146.61 (+1.45%)
TSLA   241.49 (+0.89%)
NVDA   464.61 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.24 (+1.05%)
AMD   128.46 (+9.96%)
T   17.05 (+0.65%)
F   10.87 (+1.68%)
MU   73.88 (+1.03%)
CGC   0.72 (+2.78%)
GE   119.24 (-0.48%)
DIS   92.46 (+1.05%)
AMC   6.82 (+0.44%)
PFE   28.70 (-0.31%)
PYPL   58.42 (-1.86%)
XOM   98.12 (-1.00%)
S&P 500   4,585.25 (+0.79%)
DOW   36,123.35 (+0.19%)
QQQ   390.37 (+1.38%)
AAPL   194.22 (+0.99%)
MSFT   370.42 (+0.44%)
META   326.95 (+2.99%)
GOOGL   137.26 (+5.57%)
AMZN   146.61 (+1.45%)
TSLA   241.49 (+0.89%)
NVDA   464.61 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.24 (+1.05%)
AMD   128.46 (+9.96%)
T   17.05 (+0.65%)
F   10.87 (+1.68%)
MU   73.88 (+1.03%)
CGC   0.72 (+2.78%)
GE   119.24 (-0.48%)
DIS   92.46 (+1.05%)
AMC   6.82 (+0.44%)
PFE   28.70 (-0.31%)
PYPL   58.42 (-1.86%)
XOM   98.12 (-1.00%)
S&P 500   4,585.25 (+0.79%)
DOW   36,123.35 (+0.19%)
QQQ   390.37 (+1.38%)
AAPL   194.22 (+0.99%)
MSFT   370.42 (+0.44%)
META   326.95 (+2.99%)
GOOGL   137.26 (+5.57%)
AMZN   146.61 (+1.45%)
TSLA   241.49 (+0.89%)
NVDA   464.61 (+2.11%)
NIO   7.50 (-3.23%)
BABA   72.24 (+1.05%)
AMD   128.46 (+9.96%)
T   17.05 (+0.65%)
F   10.87 (+1.68%)
MU   73.88 (+1.03%)
CGC   0.72 (+2.78%)
GE   119.24 (-0.48%)
DIS   92.46 (+1.05%)
AMC   6.82 (+0.44%)
PFE   28.70 (-0.31%)
PYPL   58.42 (-1.86%)
XOM   98.12 (-1.00%)

Corning (GLW) Earnings Date, Estimates & Call Transcripts

$28.93
+0.14 (+0.49%)
(As of 03:15 PM ET)
Compare
Today's Range
$28.76
▼
$29.20
50-Day Range
$26.59
▼
$30.47
52-Week Range
$25.26
▼
$37.10
Volume
2.96 million shs
Average Volume
4.21 million shs
Market Capitalization
$24.68 billion
P/E Ratio
42.54
Dividend Yield
3.87%
Price Target
$34.89
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

Earnings Summary

Upcoming
Earnings Date
Jan. 30Estimated
Actual EPS
(Oct. 24)
$0.45 Missed By -$0.01
Consensus EPS
(Oct. 24)
$0.46
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 20233$0.36$0.38$0.37$0.35 - $0.42
Q2 20233$0.43$0.45$0.44$0.42 - $0.49
Q3 20233$0.47$0.54$0.50$0.45 -
Q4 20233$0.40$0.54$0.49$0.37 - $0.42
FY 202312$1.66$1.91$1.79 
Q1 20242$0.37$0.49$0.43 
Q2 20242$0.44$0.54$0.49 
Q3 20242$0.50$0.60$0.55 
Q4 20242$0.50$0.62$0.56 
FY 20248$1.81$2.25$2.03 
Q1 20251$0.50$0.50$0.50 
Q2 20251$0.52$0.52$0.52 
Q3 20251$0.56$0.56$0.56 

GLW Earnings Date and Information

Corning last announced its earnings data on October 24th, 2023. The electronics maker reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.01. The business earned $3.17 billion during the quarter, compared to the consensus estimate of $3.51 billion. Its revenue for the quarter was down 9.0% compared to the same quarter last year. Corning has generated $0.68 earnings per share over the last year ($0.68 diluted earnings per share) and currently has a price-to-earnings ratio of 42.8. Earnings for Corning are expected to grow by 12.87% in the coming year, from $1.71 to $1.93 per share. Corning has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, January 30th, 2024 based off prior year's report dates.

Corning Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
1/30/2024
Estimated)		------- 
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    
4/27/2021Q1 2021$0.43$0.45+$0.02$0.23$3.11 billion$3.29 billion  
1/27/2021Q4 2020$0.48$0.52+$0.04$0.76$3.18 billion$3.35 billion  












Corning Earnings - Frequently Asked Questions

When is Corning's earnings date?

Corning has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, January 30th, 2024 based off last year's report dates. Learn more on GLW's earnings history.

Did Corning beat their earnings estimates last quarter?

In the previous quarter, Corning (NYSE:GLW) missed the analysts' consensus estimate of $0.46 by $0.01 with a reported earnings per share (EPS) of $0.45. 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 $14.19 billion.

How much profit does Corning generate each year?

Corning (NYSE:GLW) has a recorded net income of $1.32 billion. GLW has generated $0.68 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 42.75 and a forward price-to-earnings ratio of 17.00. The price/earnings-to-growth ratio is 10.74.

What is Corning's EPS forecast for next year?

Corning's earnings are expected to grow from $1.71 per share to $1.93 per share in the next year, which is a 12.87% increase.


More Earnings Resources from MarketBeat

Related Companies:
Earnings Tools:
Earnings By Country:
Latest Articles:
This page (NYSE:GLW) was last updated on 12/7/2023 by MarketBeat.com Staff

My Account -