Corning Incorporated

GLW

US2193501051

Electronic Equipment & Parts

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
31.33 ^USD	-0.06%		+0.19%	+2.89%

Apr. 11	JPMorgan Raises Corning's Price Target to $36 From $34, Maintains Neutral Rating	MT
Apr. 08	UBS Adjusts Corning Price Target to $35 From $34, Maintains Neutral Rating	MT

Corning Incorporated Provides Earnings Guidance for the First-Quarter of 2024

January 30, 2024 at 07:10 am EST

Corning Incorporated provided earnings guidance for the first-quarter of 2024. For the quarter, the company expects core sales of approximately $3.1 billion and core EPS in the range of $0.32to $0.38 and anticipates the first quarter to be the low quarter of the year.

Latest news about Corning Incorporated

JPMorgan Raises Corning's Price Target to $36 From $34, Maintains Neutral Rating	Apr. 11	MT
UBS Adjusts Corning Price Target to $35 From $34, Maintains Neutral Rating	Apr. 08	MT
Corning Insider Sold Shares Worth $2,575,035, According to a Recent SEC Filing	Mar. 22	MT
ANALYST RECOMMENDATIONS : Abbvie, Align Technology; Ulta Beauty, United Airlines, Currys...	Mar. 15
Transcript : Corning Incorporated Presents at Morgan Stanley?s Technology, Media & Telecom Conference 2024, Mar-05-2024 08:00 AM	Mar. 05
Corning Insider Sold Shares Worth $274,209, According to a Recent SEC Filing	Feb. 23	MT
Corning Keeps Quarterly Dividend at $0.28 a Share, Payable March 28 to Shareholders of Record Feb. 29	Feb. 07	MT
Corning Announces Quarterly Dividend, Payable on March 28, 2024	Feb. 07	CI
HSBC Downgrades Corning to Reduce From Hold, Price Target is $29	Feb. 01	MT
UBS Adjusts Corning Price Target to $34 From $32, Maintains Neutral Rating	Feb. 01	MT
Did you expect anything different?	Feb. 01
ANALYST RECOMMENDATIONS : AMD, Alphabet, Qualcomm, Mastercard, BP...	Feb. 01
Deutsche Bank Raises Corning Price Target to $33 From $31, Maintains Hold Rating	Jan. 31	MT
Which Jerome will we get?	Jan. 31
Oppenheimer Raises Corning Price Target to $40 From $37, Maintains Outperform Rating	Jan. 31	MT
Barclays Adjusts Corning Price Target to $35 From $28, Maintains Equal Weight Rating	Jan. 31	MT
ANALYST RECOMMENDATIONS : GM, Verizon, Fortinet, Microsoft, AMD...	Jan. 31
Corning's Q4 Core Earnings, Net Sales Fall; Q1 Guidance Issued; Shares Rise	Jan. 30	MT
Corning beats quarterly sales estimates, signals improving demand for fiber optics	Jan. 30	RE
Corning forecasts weak quarterly profit on lower demand for optical fiber cables	Jan. 30	RE
Transcript : Corning Incorporated, Q4 2023 Earnings Call, Jan 30, 2024	Jan. 30
Corning's Q4 Core Earnings, Net Sales Fall; Q1 Income and Revenue Outlook Issued	Jan. 30	MT
Earnings Flash (GLW) CORNING INCORPORATED Posts Q4 EPS $0.39, vs. Street Est of $0.41	Jan. 30	MT
Corning Incorporated Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 30	CI
Corning Incorporated Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 30	CI

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Company Profile

Corning Incorporated is the world leader of the production and the marketing of substrata of glass and ceramic of specialty. Net sales break down by market as follows: - telecommunications (29.6%): products of fiber optical, cables, etc. for networks of communication; - electronic large public (26%): glass substrata intended for screens of televisions sets LCD, PC and laptops; - environment (13%): substrata of ceramic and filters intended for systems fight against vehicles emissions; - life science (7.1%): in particular optical biosensors for pharmaceutical research; - other (24.3%): solutions based on plastic and glass of specialty intended notably to the sectors of semiconductors, aerospace, defense, astronomy and metrology. Net sales are distributed geographically as follows: the United States (32.7%), North America (3%), Asia/Pacific (51.5%), Europe (11.3%) and other (1.5%).

Sector

Electronic Equipment & Parts

Calendar

2024-04-30 - Q1 2024 Earnings Release

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S&P 500

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Ratings for Corning Incorporated

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Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

31.33 USD

Average target price

35.01 USD

Spread / Average Target

+11.74%

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