Profile
Sector:
TechnologyIndustry:
Electronic ComponentsCountry:
United StatesIPO:
31 December 1981Website:
http://www.corning.comNext earnings report:
25 July 2024Last dividends:
31 May 2024Next dividends:
30 August 2024Price
after hours | Thu, 27 Jun 2024 23:57:09 GMTAnalysts recommendations
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GLW Latest News
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Corning Incorporated's Q1 2024 Earnings Conference Call took place on April 30, 2024 at 8:30 AM ET. The call included company representatives such as VP of IR Ann Nicholson, Chairman & CEO Wendell Weeks, and EVP & CFO Ed Schlesinger. Conference call participants included analysts from Bank of America, Morgan Stanley, Oppenheimer, JPMorgan, Barclays, Citi, UBS, Fox Advisors, and Jefferies. The call was opened by the operator and Ann Nicholson, VP of Investor Relations, welcomed the participants.
The company is optimistic about the future of key end markets such as optical fiber.
Although there are some indications of improvement in certain markets, Corning's (GLW) revenue is being hindered by decreased demand due to inventory adjustments in the Optical Communications and Life Sciences sectors.
Corning (GLW) is experiencing positive changes in earnings estimates and has a strong Zacks Earnings ESP as we approach earnings season.
Look beyond analysts' predictions for Corning (GLW) and consider projections for important metrics to better understand the company's performance in the first quarter of 2024.
Corning (GLW) is anticipated to announce a decrease in revenue compared to the previous year in the first quarter of 2024 because of weak demand patterns and inventory corrections.
What type of business is Corning Incorporated?
Corning Incorporated is an American multinational technology company headquartered in Corning, New York, specializing in display technologies, optical communications, environmental protection technologies, and specialized materials primarily for industrial and scientific applications. The company was previously known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851, with its headquarters located in Corning, New York.
What sector is Corning Incorporated in?
Corning Incorporated is in the Technology sector
What industry is Corning Incorporated in?
Corning Incorporated is in the Electronic Components industry
What country is Corning Incorporated from?
Corning Incorporated is headquartered in United States
When did Corning Incorporated go public?
Corning Incorporated initial public offering (IPO) was on 31 December 1981
What is Corning Incorporated website?
https://www.corning.com
Is Corning Incorporated in the S&P 500?
Yes, Corning Incorporated is included in the S&P 500 index
Is Corning Incorporated in the NASDAQ 100?
No, Corning Incorporated is not included in the NASDAQ 100 index
Is Corning Incorporated in the Dow Jones?
No, Corning Incorporated is not included in the Dow Jones index
When does Corning Incorporated report earnings?
The next expected earnings date for Corning Incorporated is 25 July 2024