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Corning Inc <GLW.N> expected to post earnings of 51 cents a share - Earnings Preview

ReutersApr 25, 2025 12:40 PM
  • Corning Inc GLW.N, GLW is expected to show a rise in quarterly revenue when it reports results on April 28 (estimated) for the period ending March 31 2025

  • The Corning New York-based company is expected to report a 11.8% increase in revenue to $3.643 billion from $3.26 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.The company's guidance on March 18 2025, for the period ended March 31, was for revenue of $3.600 billion.

  • ​LSEG's mean analyst estimate for Corning Inc is for earnings of 51 cents per share. The company's EPS guidance on March 18 2025, for the period ended March 31, was between $0.48 and $0.52

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts had risen by about 0.3% in the last three months. ​

  • Wall Street's median 12-month price target for Corning Inc is $54.00​, above​ its last closing price of $43.88. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2024

0.56

0.56

0.57

Beat

2

Sep. 30 2024

0.53

0.52

0.54

Beat

2.9

Jun. 30 2024

0.47

0.46

0.47

Beat

1.6​

Mar. 31 2024

0.35

0.35

0.38

Beat

7.8

​​Dec. 31 2023

0.39

0.39

0.39

Met

-1

Sep. 30 2023

0.46

0.47

0.45

Missed

-3.8​

Jun. 30 2023

0.46

0.46

0.45

Missed

-1.3

Mar. 31 2023

0.39

0.39

0.41

Beat

5.3

This summary was machine generated April 25 at 12:40 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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