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What to Expect From Corning's Next Quarterly Earnings Report
Yahoo Finance· 2026-01-08 14:50
Core Insights - Corning Incorporated (GLW) has a market capitalization of $75.4 billion and operates in various sectors including optical communications, display technologies, environmental technologies, specialty materials, and life sciences, serving multiple markets such as telecommunications and consumer electronics [1] Financial Performance - Analysts anticipate that Corning will report an adjusted EPS of $0.69 for fiscal Q4 2025, reflecting a 21.1% increase from $0.57 in the same quarter last year [2] - For the entire fiscal 2025, the expected adjusted EPS is projected to be $2.52, which represents a 28.6% increase from $1.96 in fiscal 2024 [3] Stock Performance - Over the past 52 weeks, Corning's shares have increased by 83.3%, significantly outperforming the S&P 500 Index's gain of 17.1% and the State Street Technology Select Sector SPDR ETF's return of 24.9% [4] Recent Developments - Despite reporting an adjusted EPS of $0.67 for Q3 2025 and core sales of $4.27 billion, Corning's shares fell by 3.3% on October 28 due to its optical communications segment's net sales of $1.65 billion, which fell short of analyst expectations [5] - Concerns have arisen regarding the fiber business due to slower network spending in China and a 37.9% anti-dumping tariff on Corning's optical fiber products [5] Analyst Sentiment - The consensus among analysts remains optimistic, with a "Strong Buy" rating for GLW stock; out of 13 analysts, 10 recommend a "Strong Buy" and 3 suggest "Holds" [6] - The average price target for Corning is set at $98.31, indicating a potential upside of 12.4% from current levels [6]