|Bid||29.60 x 4000|
|Ask||30.19 x 800|
|Day's Range||30.09 - 30.49|
|52 Week Range||26.23 - 36.56|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||13.34|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.80 (2.51%)|
|1y Target Est||36.87|
How far off is Corning Incorporated (NYSE:GLW) from its intrinsic value? Using the most recent financial data, we'll...
Corning makes glass that goes into the fiber optic cables and equipment in telecommunications gear. "Corning’s optical communications business segment has a large global customer base," spokesman Dan Collins told Reuters in a statement.
With Astra Glass, Corning (GLW) intends to maintain healthy momentum by continuing to invest in its focused and cohesive portfolio while driving long-term growth across markets.
CORNING, N.Y.; MAY 13, 2019 - Corning Incorporated (NYSE: GLW) today introduced a new glass substrate, Corning® Astra(TM) Glass, optimized for mid-to-large-size, immersive displays in high-performance tablets, notebooks, and 8K TVs. Corning will showcase this innovation, alongside other industry-leading solutions in its advanced glass portfolio, at the Society for Information Display`s (SID) Display Week in San Jose, California., May 14-16 at booth #1119. Astra Glass is precisely engineered to enable the higher pixel density of high-performance displays that panel makers require to meet consumer demand for brighter, faster, and more lifelike images.
Corning Inc NYSE:GLWView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for GLW with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GLW. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.78 billion over the last one-month into ETFs that hold GLW are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. GLW credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Corning Incorporated (GLW), the world`s leading supplier of high refractive index glass for eyewear, announced today that the company has developed 300-millimeter diameter glass wafers in select refractive indexes optimized for augmented reality (AR) device makers. Similar to the semiconductor industry, larger wafers are expected to reduce customers` manufacturing costs. Corning`s ultra-flat, high-index glass wafers are used to make waveguides, a key optical component in AR wearables.
CORNING, N.Y.; MAY 2, 2019- Corning Incorporated`s (GLW) Board of Directors today declared a quarterly dividend of $0.20 per share on the company`s common stock. The statements contained in this release that are not historical facts or information and contain words such as "will," "believe," "anticipate," "expect," "intend," "plan," "seek," "see," "would," and "target" and similar expressions are forward-looking statements.
Investing.com -- Wall Street is set for a buoyant open on Wednesday, as Apple (NASDAQ:AAPL)’s quarterly earnings leave investors in no mood to wait for the Federal Reserve’s interest rate decision later in the day.
Ongoing technology and manufacturing investments, leading to sales and profit growth across markets, drives Corning's (GLW) first-quarter results.
Corning earnings for the first quarter of 2019 have GLW stock falling on Tuesday.Source: Pixabay The bad news for Corning (NYSE:GLW) comes from its revenue of $2.81 billion for the first quarter of the year. This is up from the company's revenue of $2.50 billion reported in the same time last year. However, it was a blow to GLW stock by missing Wall Street's revenue estimate of $2.83 billion for the quarter.Corning notes that it saw net sales increase for all divisions during the quarter. This includes net sales increasing by 10% in Display Technologies, 20% in Optical Communications, 12% in Environmental Technologies, 11% in Specialty Materials and 5% in Life Sciences. Despite all these increases, it still saw its revenue come in short of estimates.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Corning earnings report for the first quarter of 2019 also includes earnings per share of 40 cents. This is better than the company's earnings per share of 31 cents from the first quarter of 2018. It also comes in above analysts' earnings per share estimate of 39 cents from the quarter, but couldn't stop GLW stock from sliding lower today. * 7 Stocks to Buy That Ought to Buy Back Shares Corning earnings for the first quarter of the year have net income coming in at $499 million. This is an improvement over the company's net loss of $589 million that was reported in the same period of the year prior.GLW stock was down 4% as of noon Tuesday, but is up 13% since the start of the year. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 3 Scorching Hot Bank Stocks to Consider Now * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Stocks to Buy That Ought to Buy Back Shares As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Corning Earnings: Why GLW Stock Is Sliding Lower Today appeared first on InvestorPlace.
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On a per-share basis, the Corning, New York-based company said it had profit of 55 cents. Earnings, adjusted for one-time gains and costs, came to 40 cents per share. The results beat Wall Street expectations. ...
Results establish excellent start to another year of expected strong sales and earnings growth CORNING, N.Y.; APRIL 30, 2019 - Corning Incorporated (NYSE: GLW) today announced results for its first-quarter ...
is expected to report quarterly earnings of 39 cents a share on sales of $2.8 billion before the market opens Tuesday, April 30, based on a FactSet survey of 11 analysts. Corning is currently trading at a price-to-forward-earnings ratio of 16.1 based on the 12-month estimates of 12 analysts surveyed by FactSet. Corning is being watched by the Trifecta Stocks team. Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you.
CORNING, N.Y. ; APRIL 26, 2019- Orbital Sidekick and Corning Incorporated (GLW) have released the first images from the International Space Station (ISS) demonstrating hyperspectral imaging capabilities. Launched in June 2018 and placed into operation in December 2018, Orbital Sidekick`s International Space Station Hyperspectral Earth Imaging System Trial (ISS-HEIST) platform utilizes a Corning hyperspectral sensor that takes incoming light reflected off surfaces and divides it into color bands not visible to the human eye. More capable than cameras currently in place on traditional imaging satellites, hyperspectral sensing technology has applications for commercial Earth exploration in a variety of areas, from oil and gas to agriculture.
CORNING, N.Y.; APRIL 25, 2019- Corning Incorporated (GLW) announced today that it will showcase a collection of its ceramic and glass technologies at Ceramics Expo, one of the industry`s leading shows for global manufacturers, suppliers, and customers across the ceramics industry. The show will be held April 30 to May 1 at the I-X Center in Cleveland, Ohio. Corning will exhibit a variety of its technologies in booth 617. As a leader in materials science, Corning participated in Ceramics Expo since its inaugural show in 2014.