Corning Incorporated (GLW) J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference (Transcript)
Corning Incorporated (NYSE:GLW ) J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference May 14, 2025 9:20 AM ET Company Participants Wendell Weeks - Chairman & Chief Executive Officer Ed Schlesinger - Executive Vice President & Chief Financial Officer Conference Call Participants Samik Chatterjee - J.P.
GLW's Q1 Earnings Beat on Strong Growth in Optical Communications
Corning's top-line growth is backed by healthy demand for its advanced Gen-AI products in Optical Communication and price adjustments in Display Technologies.
Top Stock Movers Now: Honeywell, Sherwin-Williams, Regeneron, and More
U.S. equities were higher at midday as markets waited for further clarification from the Trump administration about possible changes in tariff policy. The Dow Jones Industrial Average rose 0.6%, and the S&P 500 and Nasdaq were up by smaller percentages.
Corning Incorporated (GLW) Q1 2025 Earnings Call Transcript
Corning Incorporated (NYSE:GLW ) Q1 2025 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants Ann Nicholson - VP, IR Wendell Weeks - Chairman & CEO Ed Schlesinger - EVP & CFO Conference Call Participants Steven Fox - Fox Advisors Wamsi Mohan - Bank of America Asiya Merchant - Citi Samik Chatterjee - JPMorgan Mehdi Hosseini - Susquehanna Financial Group John Roberts - Mizuho Operator Thank you for standing by, and welcome to the Corning Incorporated First Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode.
Corning (GLW) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Corning (GLW) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Corning (GLW) Q1 Earnings and Revenues Top Estimates
Corning (GLW) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.38 per share a year ago.
Insights Into Corning (GLW) Q1: Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Corning (GLW), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
AI Is Here, And It Needs Corning
Corning is positioned to benefit from AI infrastructure growth, particularly in optical connectivity, driving demand for fiber connections in data centers. The Springboard plan targets $4B in sales and 20% operating margin by 2026, fueled by AI product adoption. Corning's other diversified segments provide a financial cushion, allowing it to capitalize on the AI boom.
GLW Set to Report Q1 Results: Will Top-Line Growth Boost Earnings?
Corning is expected to report a top-line growth year over year in the first quarter of 2025, backed by solid momentum in multiple segments.
Why Corning (GLW) is a Top Value Stock for the Long-Term
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Corning: A Materials Giant Playing The Long Game
Corning's diversified business model spans optical communications, display technologies, specialty materials, environmental technologies, and life sciences, driving balanced growth and strong financial performance. The "Springboard" strategic plan aims to accelerate revenue and achieve a 20% operating margin, with significant contributions from optics and specialty materials. Corning's financial health is robust, with controlled costs, strong EBITDA, and a moderate debt burden, supporting ongoing investments and shareholder returns.
Here's Why Corning (GLW) is Poised for a Turnaround After Losing -12% in 4 Weeks
Corning (GLW) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
