Corning (GLW) Tops Q2 Earnings and Revenue Estimates

Group 1: Earnings Performance - Corning reported quarterly earnings of $0.6 per share, exceeding the Zacks Consensus Estimate of $0.57 per share, and up from $0.47 per share a year ago, representing an earnings surprise of +5.26% [1] - The company posted revenues of $4.05 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 4.98%, compared to $3.6 billion in the same quarter last year [2] Group 2: Stock Performance and Outlook - Corning shares have increased approximately 16.6% since the beginning of the year, outperforming the S&P 500's gain of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.63 on revenues of $3.99 billion, and for the current fiscal year, it is $2.35 on revenues of $15.53 billion [7] Group 3: Industry Context - The Communication - Components industry, to which Corning belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges in stock performance relative to higher-ranked industries [8]