For the quarter ended March 2025, Corning (GLW) reported revenue of $3.68 billion, up 12.9% over the same period last year. EPS came in at $0.54, compared to $0.38 in the year-ago quarter.
The reported revenue represents a surprise of +3.87% over the Zacks Consensus Estimate of $3.54 billion. With the consensus EPS estimate being $0.50, the EPS surprise was +8.00%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Corning performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Display Technologies: $905 million compared to the $912.96 million average estimate based on four analysts. The reported number represents a change of +3.8% year over year.
- Net Sales- Optical Communications: $1.36 billion versus $1.27 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +45.7% change.
- Net Sales- Hemlock and Emerging Growth Businesses: $244 million versus the four-analyst average estimate of $321.84 million. The reported number represents a year-over-year change of -21.5%.
- Net Sales- Life Sciences: $234 million compared to the $249.16 million average estimate based on four analysts. The reported number represents a change of -0.9% year over year.
- Net Sales- Specialty Materials: $501 million versus the four-analyst average estimate of $468.60 million. The reported number represents a year-over-year change of +10.4%.
- Segment Net Income- Optical Communications: $201 million compared to the $169.93 million average estimate based on three analysts.
- Segment Net Income- Display Technologies: $243 million versus the three-analyst average estimate of $221.66 million.
- Segment Net Income- Life Sciences: $13 million compared to the $19.50 million average estimate based on three analysts.
- Segment Net Income- Specialty Materials: $74 million compared to the $72.16 million average estimate based on three analysts.
- Segment Net Income- Hemlock and Emerging Growth Businesses: -$16 million compared to the -$7.78 million average estimate based on two analysts.
View all Key Company Metrics for Corning here>>>
Shares of Corning have returned -3.7% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Corning Incorporated (GLW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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