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Corning (GLW) shares are up 1.1% pre-market after Q4 beats with 19% Y/Y revenue growth to $3.35B.Core sales totaled $3.3 billion, up 11% Q/Q and 17% Y/Y. Core EPS was up 21% Q/Q and 13% Y/Y to $0.52.Core operating margin was up 110 bps on the quarter to 19.1%.FCF was $464 milli...
CORNING, N.Y., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for the fourth quarter and full year ended Dec. 31, 2020. Fourth-quarter financial performance: GAAP sales of $3.4 billion and GAAP EPS of $0.28 Core sales of $3.3 billi...
CORNING, N.Y., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for the fourth quarter and full year ended Dec. 31, 2020. Fourth-quarter financial performance: GAAP sales of $3.4 billion and GAAP EPS of $0.28 Core sales of $3.3 billion...
Corning (NYSE:GLW) is scheduled to announce Q4 earnings results on Wednesday, January 27th, before market open.The consensus EPS Estimate is $0.48 (+4.3% Y/Y) and the consensus Revenue Estimate is $3.18B (+12.8% Y/Y).Analyst expects gross margin of 38.3%.Over the last 2 years, GLW has beaten ...
[[ABT]], [[ADP]], [[ANTM]], [[APH]], [[BA]], [[BX]], [[CLS]], [[CVLT]], [[EAT]], [[EXTR]], [[GD]], [[GIB]], [[GLW]], [[GWB]], [[HES]], [[KNX]], [[MKTX]], [[MNRO]], [[NDAQ]], [[NSC]], [[NYCB]], [[OSK]], [[PB]], [[PGR]], [[RES]], [[ROL]], [[SBSI]], [[T]], [[TDY]], [[TEL]], [[TXT]], [[UMC]], [[V...
I have always been fascinated by compounding returns and the power of time; it truly is the super power all of us have as investors. Given even modest resources, a person can transform from lower/middle class to wealthy within a generation. Self-control and delayed gratification a...
A look ahead to 2021 in IT hardware has Barclays staying Neutral on the group, though alongside some upgrades, its ratings on the sector are growing more positive. It was a group with mixed results in 2020, analyst Tim Long notes, with the COVID-19 pandemic benefiting some names while hurting...
Corning shares are flying. However, conditions have deteriorated in the past year, creating a disconnect via a very high valuation. I see Corning as struggling with meaningful growth and a worsening balance sheet. For further details see: Corning: Masking Weakness With D...
The portfolio generated a record-setting $1,884 in December to round out 2020. For the full year, I collected $13,314, a 31% increase over 2019. Five existing positions were added to; no sales were made. I share my reflections on 2020 and look to the future in 2021. For...
Shares in materials science company Corning (NYSE: GLW) rose 24% in 2020, according to data provided by S&P Global Market Intelligence . The year's performance marks a strong recovery from the lows of March. In a nutshell, Corning's sales are recovering and the market is pri...
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2024-07-30 16:38:39 ET Shares of Lumen Technologies (NYSE: LUMN) got a huge boost today from another company's earnings report. Corning (NYSE: GLW) announced that it's selling 10% of its fiber capacity for the next two years to Lumen, and investors loved the news. Shares...
2024-07-30 15:38:13 ET Shares of Corning (NYSE: GLW) fell as much as 11.9% in trading on Tuesday after the company reported second-quarter financial results. Shares are down 8.2% as of 3 p.m. ET. Corning reported a modest 3.4% increase in revenue to $3.6 billion and non-GAAP ...
Outperformance was driven primarily by the strong adoption of new optical connectivity products for generative AI Management expects core sales to grow to ~$3.7 billion in the third quarter, with core EPS growing faster than sales and in the range of $0.50 to $0.54 Corning...