A month has gone by since the last earnings report for Corning (GLW) . Shares have lost about 1.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Corning due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Corning Q4 Earnings Miss Estimates on Lower RevenuesCorning r ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission file number: 1-3247 CORNING INCORPORATED (Exact name of registrant as specified in its charter) New York 16-0393470 (State or other jurisdiction of inco ...

CORNING, NY, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Corning Incorporated's (NYSE:GLW) Board of Directors today declared a quarterly dividend of $0.28 per share. The dividend will be payable on March 28, 2024, to shareholders of record on Feb. 29, 2024. Caution Concerning Forward-Looking StatementsThe statements contained in this release and related comments by management that are not historical facts or information and contain words such as "will," "believe," "anticipate," "expect," "intend," "plan," "seek," "se ...

Corning Incorporated (GLW) reported mixed fourth-quarter 2023 results, wherein the top line surpassed the Zacks Consensus Estimate, but the bottom line missed the same. The company witnessed a top-line contraction year over year due to sluggish demand trends in several verticals, including Optical Communications and Specialty Materials. Strong momentum in the Environmental Technologies partially cushioned the top line. The strategy of price hikes to offset inflation and various productivity improvement acti ...

Corning Incorporated (NYSE:GLW) Q4 2023 Earnings Call Transcript January 30, 2024 8:30 AM ET Company Participants Ann Nicholson - VP of IR Wendell Weeks - Chairman & CEO Ed Schlesinger - EVP & CFO Jeff Evenson - EVP & CSO Conference Call Participants Mehdi Hosseini - SIG Wamsi Mohan - Bank of America Asiya Merchant - Citi Meta Marshall - Morgan Stanley Martin Yang - Oppenheimer Samik Chatterjee - JPMorgan Josh Spector - UBS Matt Niknam - Deutsche Bank Operator Welcome to the Corning Incorporated Quarter Fou ...

For the quarter ended December 2023, Corning (GLW) reported revenue of $3.27 billion, down 9.9% over the same period last year. EPS came in at $0.39, compared to $0.47 in the year-ago quarter.The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $3.26 billion. With the consensus EPS estimate being $0.40, the EPS surprise was -2.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

Full-Year 2023 Investor Call Corning Reports Fourth-Quarter and Full-Year 2023 Financial Results January 30, 2024 Forward-Looking and Cautionary Statements The statements contained in this presentation and related comments by management that are not historical facts or informationand contain words such as “will,” “believe,” “anticipate,”“expect,” “intend,” “plan,” “seek,” “see,” “would,”“target,” “estimate,” “forecast” or similar expressions areforward-looking statements.These forward-looking statements are ...

CORNING, N.Y., Jan. 30, 2024 (GLOBE NEWSWIRE) --   Corning Incorporated (NYSE:GLW) today announced its fourth-quarter and full-year 2023 results and provided its outlook for first-quarter 2024. Wendell P. Weeks, chairman and chief executive officer, said, "Overall, our results in the quarter – and throughout 2023 – demonstrate that we continue to make solid progress advancing our market leadership, strengthening our profitability, and improving our cash-flow generation even in the lower-demand environment w ...

6 Technology Stocks That Also Pay Investors Among the Highest Dividends scyther5 / Getty Images The current stock market investing reality is that 10 companies made up 95% of the gains in the S&P 500 in 2023, and nine of the 10 heaviest-weighted stocks in the Nasdaq 100 have accounted for almost all the profits. What do these stocks have in common? They are nearly all technology stocks, and the technology sector will likely continue to drive the upside for the rest of this year.While all the major firms h ...

Corning Incorporated (GLW) is set to report fourth-quarter 2023 results on Jan 30, before the opening bell. It delivered a trailing four-quarter earnings surprise of 2.45% on average. The advanced glass substrates producer is likely to witness a revenue decline year over year owing to soft demand trends and inventory adjustments in the Optical Communication segment. Weakness in Display Technologies and Life Science verticals is also a major concern. However, management’s effort to improve productivity is a ...