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The picture at Corning has generally been positive over time, but the company experienced some pain during the COVID-19 pandemic. Volatility on the cash flow side makes the company hard to value, but shares look, in many respects, pricey. However, financial performance announced b...
Image source: The Motley Fool. Corning (NYSE: GLW) Q1 2021 Earnings Call Apr 27, 2021 , 8:30 a.m. ET Operator Continue reading For further details see: Corning (GLW) Q1 2021 Earnings Call Transcript
Corning Incorporated (GLW) Q1 2021 Earnings Conference Call April 27, 2021 8:30 AM ET Company Participants Ann Nicholson – Vice President-Investor Relations Wendell Weeks – Chairman and Chief Executive Officer Tony Tripeny – Executive Vice President and Chief Financial Of...
Corning is a leader in "smart" and display glass tech, optical communications, environment tech, specialty materials, and life sciences. Shares are high-priced but this solid company has room to grow. Corning controls about 40% of its market, reported excellent numbers last quarter, a...
The following slide deck was published by Corning Incorporated in conjunction with their 2021 Q1 earnings call. For further details see: Corning Incorporated 2021 Q1 - Results - Earnings Call Presentation
Corning (GLW) shares are up 1% pre-market after posting first quarter beats where all segments achieved double-digit sales and net income growth on the year.Display sales were up 3% sequentially and 15% Y/Y to $863M. Volume was up in the low single digits on the quarter. Glass prices wer...
Corning (GLW): Q1 Non-GAAP EPS of $0.45 beats by $0.02; GAAP EPS of $0.67 beats by $0.19.Revenue of $3.3B (+38.1% Y/Y) beats by $170M.For Q2, Corning expects core sales of $3.3-3.5 billion (consensus: $3.25 billion) and EPS of $0.49-0.53 (consensus: $0.48).Press Release For further details ...
CORNING, N.Y., April 27, 2021 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for the first quarter ended March 31, 2021. Corning reported a strong first quarter: GAAP and core sales were $3.3 billion, year-over-year increases of 38% and 29%, respect...
Corning (NYSE:GLW) is scheduled to announce Q1 earnings results on Tuesday, April 27th, before market open.The consensus EPS Estimate is $0.43 (+115.0% Y/Y) and the consensus Revenue Estimate is $3.13B (+31.0% Y/Y).Analyst expects gross margin of 37.8%.Over the last 2 years, GLW has beaten EP...
Some people say that timing does not matter, but it does. If you were to buy Corning (NYSE: GLW) at a high, see it fall, and not be able to buy more on the dip like the big boys can, that would be troubling. Over time, Stock Traders Daily has found a way to lessen the odds o...
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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...