Corning Earnings Preview
Portfolio Pulse from Benzinga Insights
Corning (NYSE:GLW) is set to release its quarterly earnings on October 29, 2024, with analysts expecting an EPS of $0.53. The company's past performance shows a tendency for slight stock price increases following earnings beats. Analysts rate Corning as 'Outperform' with a price target of $47.8, indicating a potential 3.35% upside. Corning leads in revenue growth among peers but faces challenges in debt management.
October 28, 2024 | 4:03 pm
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Corning is expected to report an EPS of $0.53. Analysts rate it 'Outperform' with a $47.8 price target, suggesting a 3.35% upside. Past earnings beats have led to slight stock price increases. Investors should watch for guidance, which can significantly impact stock price.
Corning's earnings release is a significant event, with analysts expecting an EPS of $0.53. The stock has shown slight positive movements following past earnings beats. The 'Outperform' rating and price target suggest a positive outlook. Guidance will be crucial for short-term price movements.
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