What To Expect From Corning’s Q1?

From Nasdaq: 2025-04-27 23:42:00

Corning (NYSE:GLW) is set to report earnings on April 29, 2025. Over the past five years, the stock has seen negative one-day returns after 60% of earnings announcements, with a median of -3.1% and a maximum of -6.9%.

Analysts expect Corning to report $0.51 EPS on $3.63 billion in sales, a significant increase from last year’s $0.38 EPS on $3.26 billion in sales. This growth is fueled by the optical communications business due to increased demand from AI technologies and new products.

Understanding Corning’s historical post-earnings stock reaction can provide insights for traders. Strategies include pre-earnings positioning based on historical probabilities and post-earnings trading by analyzing stock reactions and medium-term returns.

Corning has a market cap of $38 billion, generating $13 billion in revenue over the last twelve months. The company achieved operational profitability with $1.1 billion in operating profits and a net income of $506 million.

For lower volatility than individual stocks, consider the Trefis High Quality portfolio, which has outperformed the S&P 500 with returns exceeding 91% since inception. This alternative offers upside potential with reduced risk.

Historical data shows that Corning has had positive one-day returns after earnings about 40% of the time over the last five years. The median positive return is 3.9%, while the median negative return is -3.1%. Additionally, correlations between 1D, 5D, and 21D returns post-earnings can inform trading decisions.



Read more at Nasdaq: What To Expect From Corning’s Q1?