Corning Reports Strong Second-Quarter Results Highlighted by Continued Growth and Improved Profitability
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Corning (GLW) PT Lowered to $44 at Oppenheimer Post EPS
July 27, 2022 11:30 AM EDTOppenheimer analyst Martin Yang lowered the price target on Corning (NYSE: GLW) to $44.00 (from $48.00) while maintaining an Outperform rating following earnings.
The analyst commented, "GLW reported 2Q22 core sales/EPS of $3.76B/$0.57, in line with Street's $3.78B/$0.56E. Guidance for 2022 is moderately... More
Corning (GLW) Reports In-Line Q2 EPS
July 26, 2022 7:10 AM EDTCorning (NYSE: GLW) reported Q2 EPS of $0.57, in-line with the analyst estimate of $0.57. Revenue for the quarter came in at $3.62 billion versus the consensus estimate of $3.78 billion.
For earnings history and earnings-related data on Corning (GLW) click here.
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