Corning Reports First-Quarter 2024 Financial Results

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Corning (GLW) PT Raised to $35 at Deutsche Bank

May 1, 2024 5:00 AM EDT

Deutsche Bank analyst Matt Niknam raised the price target on Corning (NYSE: GLW) to $35.00 (from $33.00) while maintaining a Hold rating.

The analyst comments "We're updating our model post better than expected 1Q24 results, raising our estimates (by 3-4%) and 12-month price target (now $35, vs.... More

Corning (GLW) Tops Q1 EPS by 3c, Offers Guidance

April 30, 2024 7:12 AM EDT

Corning (NYSE: GLW) reported Q1 EPS of $0.38, $0.03 better than the analyst estimate of $0.35. Revenue for the quarter came in at $3.26 billion versus the consensus estimate of $3.12 billion.

GUIDANCE:

Corning sees Q2 2024 EPS of $0.42-$0.46, versus the consensus of $0.44. Corning sees Q2... More