Corning Inc GLW.N, GLW is expected to show a rise in quarterly revenue when it reports results on July 29 for the period ending June 30 2025
The Corning New York-based company is expected to report a 7.0% increase in revenue to $3.857 billion from $3.6 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on April 29 2025, for the period ended June 30, was for revenue of $3.850 billion.
LSEG's mean analyst estimate for Corning Inc is for earnings of 57 cents per share. The company's EPS guidance on April 29 2025, for the period ended June 30, was between $0.55 and $0.59
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 0.2% in the last three months.
Wall Street's median 12-month price target for Corning Inc is $53.50, about 0.9% above its last closing price of $53.04
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2025 | 0.51 | 0.51 | 0.54 | Beat | 6.7 |
Dec. 31 2025 | 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 |
This summary was machine generated July 4 at 12:34 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)