Corning Reports Second-Quarter 2018 Financial Results and Continued Progress on Strategy and Capital Allocation Framework

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Go back to Corning Reports Second-Quarter 2018 Financial Results and Continued Progress on Strategy and Capital Allocation Framework

Corning (GLW) PT Raised to $38 at Deutsche Bank

July 26, 2018 7:16 AM EDT

Deutsche Bank raised its price target on Corning (NYSE: GLW) to $38.00 (from $35.00) while maintaining a Buy rating following 'solid' Q2 results.

Analsyt Vijay Bhagavath commented, "We are asserting our conviction on improving fundamentals for GLW in our modeled view - on... More

Corning (GLW) PT Raised to $38 at Susquehanna

July 26, 2018 7:14 AM EDT

Susquehanna raised its price target on Corning (NYSE: GLW) to $38.00 (from $36.00) while maintaining a Positive rating.

Analsyt Mehdi Hosseini commented, "We are increasing estimates/PT to reflect solid execution on scaling new projects and improving margin profile. With a modest Rev growth estimate... More

Corning (GLW) Tops Q2 EPS by 1c, Updates FY Guidance

July 25, 2018 7:17 AM EDT

Corning (NYSE: GLW) reported Q2 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.69 billion.

GUIDANCE:

Corning sees FY2018 revenue of $11.3 billion, versus the consensus of $11.03 billion.

For earnings history and earnings-related data on Corning (GLW) click here.

... More