Corning Inc reports results for the quarter ended June 30 - Earnings Summary

Corning Incorporated

28/07/2026 14:31

Corning Inc GLW.N reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 60 cents.  The mean expectation of thirteen analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 74 cents to 77 cents per share.
Revenue rose 17.1% to $4.74 billion from a year ago; analysts expected $4.61 billion. 
Corning Inc's reported EPS for the quarter was 64 cents​.
The company reported quarterly net income of $559 million.
Corning Inc shares had fallen by 43.9% this quarter and gained 63.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy" 
Wall Street's median 12-month price target for Corning Inc is $226.00, about 36.6% above its last closing price of $143.36
This summary was machine generated from LSEG data July 28 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.76
0.78
Beat
Mar. 31 2026 
0.69
0.70
Beat
Dec. 31 2025 
0.71
0.72
Beat
Sep. 30 2025 
0.66
0.67
Beat