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Corning Incorporated (GLW.DE)
| Previous close | 29.42 |
| Open | 29.95 |
| Bid | 31.74 x N/A |
| Ask | 31.98 x N/A |
| Day's range | 29.75 - 32.00 |
| 52-week range | 23.95 - 32.56 |
| Volume | |
| Avg. volume | 235 |
| Market cap | 27.289B |
| Beta (5Y monthly) | 1.09 |
| PE ratio (TTM) | 49.40 |
| EPS (TTM) | 0.64 |
| Earnings date | 30 Apr 2024 |
| Forward dividend & yield | 1.04 (3.52%) |
| Ex-dividend date | 28 Feb 2024 |
| 1y target est | N/A |
BenzingaApple's Glass Supplier Corning Outperforms in Tough Market, Eyes $3B Sales Boost in Three Years
Corning Inc (NYSE:GLW) reported a fiscal first-quarter 2024 core sales decline of 3% year-on-year to $3.26 billion, beating the consensus of $3.12 billion. The Apple Inc (NASDAQ:AAPL) glass supplier’s core EPS of $0.38 beat the consensus of $0.35. Display Technologies’ sales grew by 14% year over year to $872 million, driven by higher volume and pricing actions in the second half of 2023. However, sales remained flattish quarter over quarter. Optical Communications sales declined 17% year over y
ZacksCorning (GLW) Beats Q1 Earnings and Revenue Estimates
Despite signs of recovery in several end markets, lower demand stemming from inventory corrections in the Optical Communications and Life Sciences vertical impedes Corning's (GLW) top line.
- GuruFocus.com
Corning Inc (GLW) Q1 2024 Earnings: Aligns with Analyst Projections Amid Market Challenges
Comprehensive Analysis of Corning's Financial Performance and Future Outlook
