Corning Q4: Accelerating Growth Supports Buy Rating
Corning's Q4 2024 results exceeded expectations in revenue and EPS, with optimistic guidance for Q1 2025, reinforcing my long-term Buy rating. The company has entered a period of accelerated revenue growth, with margins expanding even more rapidly. Despite somewhat elevated valuation multiples, the stock has significant room for growth, with a $61 price target for 2025 under a base-case scenario.
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
GLW or ANET: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Communication - Components sector have probably already heard of Corning (GLW) and Arista Networks (ANET). But which of these two stocks offers value investors a better bang for their buck right now?
Corning Incorporated (GLW) Hit a 52 Week High, Can the Run Continue?
Corning (GLW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Why Corning Stock Is Falling After an Initial Surge Today
Corning (GLW -2.62%) stock is losing ground Wednesday despite an initial bullish surge early in the day's trading. The company's share price was down 2.4% as of 3:45 p.m.
Compared to Estimates, Corning (GLW) Q4 Earnings: A Look at Key Metrics
The headline numbers for Corning (GLW) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Corning Incorporated (GLW) Q4 2024 Earnings Call Transcript
Corning Incorporated (NYSE:GLW ) Q4 2024 Earnings Conference Call January 29, 2025 8:30 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman & Chief Executive Officer Ed Schlesinger - Executive Vice President & Chief Financial Officer Conference Call Participants Joe Cardoso - JPMorgan Asiya Merchant - Citi Wamsi Mohan - Bank of America John Roberts - Mizuho Matt Niknam - Deutsche Bank Meta Marshall - Morgan Stanley Tim Long - Barclays James Cannon - UBS George Notter - Jefferies Operator Welcome to the Corning Incorporated Quarter Four 2024 Earnings Call. [Operator Instructions] It is my pleasure to introduce to you Ann Nicholson, Vice President of Investor Relations.
Corning Beats Q4 Estimates
Corning (GLW -2.73%), a leader in specialty glass and ceramics, announced its fourth-quarter results for 2024 on Jan. 29. Highlights included earnings per share (EPS) of $0.57, beating expectations by $0.01, and revenue of $3.87 billion, surpassing estimates of $3.76 billion.
GLW Beats Q4 Earnings Estimates on Healthy Top-Line Improvement
Solid traction in several verticals and optical connectivity products for GenAI applications helped GLW beat fourth-quarter earnings estimates.
Corning (GLW) Beats Q4 Earnings and Revenue Estimates
Corning (GLW) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.39 per share a year ago.
Corning forecasts Q1 results above estimates on robust demand for AI-related infrastructure
Corning on Wednesday forecasted first-quarter revenue and profit that beat Wall Street expectations, with the Gorilla Glass-maker expecting robust demand for its optical fiber products for artificial intelligence-related infrastructure.
Will Healthy Top-Line Expansion Boost Corning's Q4 Earnings?
GLW is expected to report revenue growth year over year in the fourth quarter of 2024, backed by healthy traction in several end markets.
