Corning's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Corning (NYSE:GLW) is set to release its quarterly earnings report on Tuesday, 2023-07-25, with an estimated EPS of $0.46. Last quarter, the company beat EPS by $0.02, which was followed by a 1.98% drop in the share price. Over the last 52-week period, shares are down 4.38%. Investors will be looking for not only an earnings beat but also positive guidance for the next quarter.
July 24, 2023 | 3:02 pm
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Corning's upcoming earnings report and its guidance for the next quarter could impact its stock price. The company's shares have been generally negative over the past year, with a 4.38% decrease.
Corning's stock price could be influenced by its upcoming earnings report and the guidance it provides for the next quarter. The company's past performance, including a 1.98% drop in share price following an EPS beat last quarter, and a general decrease in share price over the past year, could make investors cautious.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100