Will Revenue Decline Dent Corning's (GLW) Q1 Earnings? [Yahoo! Finance]
Corning Incorporated (GLW)
Last corning incorporated earnings: 4/28 07:15 am
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US:NYSE Investor Relations:
corning.com/worldwide/en/about-us/investor-relations.html
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Source: Yahoo! Finance
It delivered a trailing four-quarter earnings surprise of 0.12% on average. In the last reported quarter, the communication components provider missed the Zacks Consensus Estimate by a penny. The advanced glass substrates producer is likely to witness a top-line contraction year over year, owing to demand softness in several end markets. Supply chain corrections and macroeconomic challenges are headwinds. However, initiatives to boost profitability and cash flow are positive factors. Factors at Play During the quarter, Corning announced that Samsung Electronics has opted to deploy its latest Gorilla Armor cover material in Samsung's flagship Galaxy S24 Ultra devices. The state-of-the-art cover material is the most optically advanced Gorilla Glass, offering remarkable durability and enhanced visual experience to end users. Management is taking various initiatives to improve productivity across operations. A strong focus on strengthening profitability and improving cash flow gen
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GLW
News
- Corning Announces Quarterly DividendBusiness Wire
- Why Corning (GLW) is a Top Momentum Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Corning Incorporated (NYSE: GLW) had its price target raised by analysts at JPMorgan Chase & Co. from $36.00 to $37.00. They now have a "neutral" rating on the stock.MarketBeat
- Corning (GLW) Beats Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Pharmaceutical Glass Packaging Market to Attain a US$ 54.6 Billion Valuation by 2034, Grow at a 9.5% CAGR | Future Market Insights Inc. [Yahoo! Finance]Yahoo! Finance
GLW
Earnings
- 4/30/24 - Beat
GLW
Sec Filings
- 5/3/24 - Form 144
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- GLW's page on the SEC website