Corning ( NYSE: GLW ) is scheduled to announce Q2 earnings results on Tuesday, July 26th, before market open.
The consensus EPS Estimate is $0.56 (+5.7% Y/Y) and the consensus Revenue Estimate is $3.79B (+8.3% Y/Y).
Over the last 2 years, GLW has beaten EPS estimates 88% of the time and has beaten revenue estimates 88% of the time.
Over the last 3 months, EPS estimates have seen 6 upward revisions and 4 downward. Revenue estimates have seen 7 upward revisions and 1 downward.
Shares of the display glass company gained in late April after it reported Q1 results that beat on both top and bottom line and set guidance above estimates.
GLW raised its FY 2022 expectations for sales to exceed $15B and guided for Q2 core sales of $3.7B to $3.9B.
However, investors will be looking out for any potential impact on the company's earnings from the strict COVID-19 lockdowns imposed in China.
In late June, Corning ( GLW ) was named by Morgan Stanley among the companies with the most revenue exposure to China.
GLW had said in April that it expected glass prices to be up slightly for Q2.
Seeking Alpha contributor Gen Alpha last month called Corning ( GLW ) a "sleeper gem" to own for the next 10 plus years, highlighting its strong growth prospects.
Up to Friday's close, Corning ( GLW ) stock had gained 5% YTD.
For further details see:
What to expect from Corning Q2 2022 earnings?