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Corning Incorporated (GLW.MX)
| Previous close | 737.06 |
| Open | 0.00 |
| Bid | 0.00 x 400 |
| Ask | 0.00 x 1000000 |
| Day's range | 737.06 - 737.06 |
| 52-week range | 692.00 - 882.00 |
| Volume | |
| Avg. volume | 358 |
| Market cap | 622.53B |
| Beta (5Y monthly) | 0.92 |
| PE ratio (TTM) | 29.23 |
| EPS (TTM) | 25.22 |
| Earnings date | 25 Jul 2022 - 29 Jul 2022 |
| Forward dividend & yield | 22.03 (2.99%) |
| Ex-dividend date | 27 May 2022 |
| 1y target est | N/A |
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Sales and Earnings Surge at Corning, But Where'd All the Cash Go?
Shares of fiber optics and "Gorilla glass" manufacturer Corning Incorporated (NYSE: GLW) surged after the company released Q1 earnings this week, rising as much as 5% over their pre-earnings share price -- and for good reason. Corning's sales jumped 15% year-over-year in Q1, with core earnings (a non-GAAP metric) rising even faster -- up 20%. Actual earnings calculated according to generally accepted accounting principles (GAAP) were both better and worse, though -- better because it turns out Corning actually earned $0.68 per share according to GAAP, and worse because this was only a 1% improvement over last year's Q1.
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