Corning Incorporated (LON: 0R2X)
London
· Delayed Price · Currency is GBP · Price in USD | Market Cap | 37.55B |
| Revenue (ttm) | 9.41B |
| Net Income (ttm) | 116.39M |
| Shares Out | n/a |
| EPS (ttm) | 0.14 |
| PE Ratio | 322.60 |
| Forward PE | n/a |
| Dividend | 0.88 (1.67%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 8,956 |
| Average Volume | 1,771 |
| Open | 52.32 |
| Previous Close | 51.93 |
| Day's Range | 52.02 - 53.91 |
| 52-Week Range | 25.30 - 53.91 |
| Beta | 1.03 |
| RSI | 71.98 |
| Earnings Date | Jan 29, 2025 |
About Corning
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company’s Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and e... [Read more]
Financial Performance
In 2023, Corning's revenue was $12.59 billion, a decrease of -11.28% compared to the previous year's $14.19 billion. Earnings were $581.00 million, a decrease of -55.85%.
Financial numbers in USD Financial StatementsNews
(GLW) - Analyzing Corning's Short Interest
Corning's (NYSE: GLW) short percent of float has risen 6.84% since its last report. The company recently reported that it has 10.68 million shares sold short , which is 1.25% of all regular shares th...
Corning: Much To Like, But It's Better Off On The Watchlist For Now
Over the past year, Corning Incorporated has delivered returns of over 60%. Find out whether GLW stock can keep up the good run in the new year as well.
JPMorgan Reiterates Bullish Stance on Corning Amid Robust Financial Outlook
JPMorgan Reiterates Bullish Stance on Corning Amid Robust Financial Outlook
SUNY CCC President William Mullaney is moving on to new job. What's next for Corning?
The CCC Regional Board of Trustees will now convene a national search for Mullaney’s replacement in Corning.
4 Dividend Picks For 2025: JPMorgan's Top Income Stocks To Energize Your Portfolio
Looking for steady cash flow in 2025? JPMorgan analysts have spotlighted four income-generating stock picks that offer dividend appeal and potential price upside. These are: Annaly Capital Management ...
Dell, Corning, Coherent: JPMorgan's Top Picks For Cyclical Recovery 'Beyond AI'
As the tech sector pivots from AI-fueled growth to a broader market recovery, JPMorgan analyst Samik Chatterjee highlights a cyclical rebound powering upside for traditional IT infrastructure and indu...
Dell, Corning, Coherent: JPMorgan's Top Picks For Cyclical Recovery 'Beyond AI'
As the tech sector pivots from AI-fueled growth to a broader market recovery, JPMorgan analyst Samik Chatterjee highlights a cyclical rebound powering upside for traditional IT infrastructure and indu...
Insider Unloading: Stefan Becker Sells $708K Worth Of Corning Shares
Disclosed on December 11, Stefan Becker , SVP at Corning (NYSE: GLW), executed a substantial insider sell as per the latest SEC filing. What Happened: Becker's recent Form 4 filing with the U.S. Secu...
How Corning is ushering in the AI revolution
Under CEO Wendell Weeks, the company's next-generation fiber optic cables are powering data centers for tech giants like Microsoft.
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Corning offers Gorilla Glass concessions to settle EU’s antitrust case
Gorilla Glass is used in many of the most popular smartphone offerings, such as the Samsung Galaxy S23 (pictured). | Photo by Allison Johnson / The Verge Gorilla Glass producer Corning has proposed se...
Corning offers bundle of commitments in bid to settle EU antitrust probe
After the European Union opened a competition investigation into Corning earlier this month, citing concerns over alleged exclusive dealing, the Gorilla Glass maker has offered a raft of changes to it...
Apple’s Cook joins CEO summit with China premier as economy sags
Cook, who’s visiting China for at least the third time this year, joined top executives of firms including Rio Tinto, Corning and Charoen Pokphand Group.
Apple supplier Corning offers to waive exclusive deals in EU antitrust probe
The European Commission on Monday said U.S. maker of break resisting glass Corning had offered to waive all exclusive deals with mobile phone manufactures to address concerns over possible anticompeti...
Corning Bids to Settle EU’s ‘Gorilla Glass’ Antitrust Case
Corning Inc. offered a slate of commitments in a bid to settle an European Union antitrust probe over alleged exclusive deals for its break-resistant “Gorilla Glass” in smartphone screens.
Corning, maker of toughened Gorilla Glass for phones, faces EU antitrust probe
On Wednesday, the European Union opened an investigation of U.S. manufacturer Corning over possible anti-competitive practices. Corning may not be a name that's super familiar to the average tech cons...
Corning's Comeback: From Forgotten Stock To AI Darling
Corning Incorporated's price has rallied over the past year, since my last bullish take on the stock. GLW recently reported robust Q3 results, and is seeing strong momentum around AI and data center-f...
Corning Q3: The Period Of Growth Is Finally Here
Corning reported strong Q3 results, beating on top and bottom lines. 8% revenue growth, 20% income expansion in Q3 and a projected sales growth of 15% and income increase of 40% in Q4 mean Corning ent...
Corning Q3 2024 Earnings Review: EPS And Revenue Beat, Guidance Increased
Corning's strong Q3 performance and bullish outlook suggest GLW stock may trade higher, attracting long-term investors. Corning's Optical Communications unit benefits from new optical-connectivity pro...
Corning Incorporated (GLW) Q3 2024 Earnings Call Transcript
Corning Incorporated (NYSE:GLW) Q3 2024 Earnings Conference Call October 29, 2024 8:30 AM ET Company Participants Ann Nicholson - Vice President, Investor Relations Wendell Weeks - Chairman and Chief...
Corning forecasts upbeat quarterly results on robust demand for optical fiber
Gorilla Glass maker Corning fourth-quarter profit forecast beat estimates on Tuesday, as rising consumption of data over networks, including for generative AI model training, continues to increase dem...
Corning Reports Strong Third-Quarter 2024 Financial Results(1) Highlighting Key Milestones in ‘Springboard' Plan to Add More Than $3 Billion in Annualized Sales, and Achieve Operating Margin of 20%, by the End of 2026
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) today announced its third-quarter 2024 results and provided its outlook for fourth-quarter 2024. Wendell P. Weeks, chairman and chief e...
AT&T announces $1 bln fiber deal with Corning
AT&T said on Monday it had struck a $1 billion multi-year deal with Corning to buy fiber, cable, and connectivity solutions, as the U.S. telecom giant looks to expand its high-speed internet services.
AT&T and Corning Expand Collaboration with Multi-Year Purchase Agreement
DALLAS & CORNING, N.Y.--(BUSINESS WIRE)--AT&T (NYSE: T) today announced a multi-year purchase agreement with Corning Incorporated (NYSE: GLW) to provide next-generation fiber, cable, and connectivity ...
Corning (GLW) Breaks Out on Partnership News
Oct 9th, 2024 - Corning Inc (GLW, Financial) stock technically made a classic breakout from the Cup with Handle pattern and invited traders to make some buzz with the stock today. The news powering th...
Preliminary Earnings Spotlight: Watching 3 Cyclicals Ahead Of The Q3 Reporting Season
Preliminary earnings reports are typically released ahead of formal quarterly financials and allow companies to provide updated guidance. Dow, Nucor, and Corning, each exposed to the macroeconomy, iss...