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Corning (GLW) Earnings Date, Estimates & Call Transcripts

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$48.52 +0.68 (+1.42%)
(As of 11/22/2024 ET)

Corning Latest Earnings Summary

Upcoming Q4
Earnings Date
Feb. 4Estimated
Actual EPS
(Oct. 29)
$0.54 Beat By $0.01
Consensus EPS
(Oct. 29)
$0.53

Corning posted Q3 2024 earnings on October 29, 2024, reporting an EPS of $0.54, which beat the consensus estimate of $0.53 by $0.01. Quarterly revenue rose 6.9% year-over-year to $3.39 billion, below the consensus estimate of $3.72 billion. With a trailing EPS of $0.17 and a P/E Ratio of 285.41, Corning's earnings are expected to grow 17.95% next year, from $1.95 to $2.30 per share.

GLW Upcoming Earnings

Corning's next earnings date is estimated for Tuesday, February 4, 2025, based off prior year's reporting schedules.

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GLW Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GLW Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Corning Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.36$0.49$0.430.320 - 0.380
Q2 20242$0.44$0.54$0.490.460 -
Q3 20242$0.52$0.60$0.560.500 - 0.540
Q4 20242$0.54$0.62$0.580.530 - 0.570
FY 20248$1.86$2.25$2.06 
Q1 20251$0.47$0.47$0.47 
Q2 20251$0.54$0.54$0.54 
Q3 20251$0.61$0.61$0.61 
Q4 20251$0.60$0.60$0.60 
FY 20254$2.22$2.22$2.22 
Q1 20261$0.55$0.55$0.55 
Q2 20261$0.63$0.63$0.63 
Q3 20261$0.70$0.70$0.70 

Corning Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
2/4/2025
(Estimated)
------- 
10/29/2024Q3 2024$0.53$0.54+$0.01$1.22$3.72B$3.39B        
7/30/2024Q2 2024$0.46$0.47+$0.01$0.82$3.55B$3.60B        
4/30/2024Q1 2024$0.36$0.38+$0.02$0.52$3.12B$2.98B        
1/30/2024Q4 2023$0.39$0.39-$0.83$3.26B$2.99B        
10/24/2023Q3 2023$0.46$0.45 -$0.01$0.71$3.51B$3.17B        
7/25/2023Q2 2023$0.45$0.45-$0.57$3.48B$3.48B        
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4/25/2023Q1 2023$0.39$0.41+$0.02$0.62$3.35B$3.37B        
1/31/2023Q4 2022$0.44$0.47+$0.03$0.98$3.54B$3.63B        

Corning Earnings - Frequently Asked Questions

Corning has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 4th, 2025 based off last year's report dates. Learn more on GLW's earnings history.

Corning issued an update on its fourth quarter 2024 earnings guidance on Tuesday, October, 29th. The company provided earnings per share guidance of 0.530-0.570 for the period, compared to the consensus earnings per share estimate of 0.520. The company issued revenue guidance of $3.8 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion.

In the previous quarter, Corning (NYSE:GLW) reported $0.54 earnings per share (EPS) to beat the analysts' consensus estimate of $0.53 by $0.01. Learn more on analysts' earnings estimate vs. GLW's actual earnings.

The conference call for Corning's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Corning's latest earnings report can be read online.
Read Transcript

Corning (NYSE:GLW) has a recorded annual revenue of $12.59 billion.

Corning (NYSE:GLW) has a recorded net income of $581 million. GLW has generated $0.17 earnings per share over the last four quarters.

Corning (NYSE:GLW) has a trailing price-to-earnings ratio of 285.41 and a forward price-to-earnings ratio of 24.88. The price/earnings-to-growth ratio is 1.55.

Corning's earnings are expected to grow from $1.95 per share to $2.30 per share in the next year, which is a 17.95% increase.

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This page (NYSE:GLW) was last updated on 11/24/2024 by MarketBeat.com Staff
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