GLW Earnings Prediction
The chart below shows how GLW performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GLW sees a -0.52% change in stock price 10 days leading up to the earnings, and a +0.36% change 10 days following the report. On the earnings day itself, the stock moves by +0.39%. This data can give you a slight idea of what to expect for the next quarter's release.
GLW Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.50B
16.93%
3.24%
Gross Margin
33.33%
13.25%
2.18%
Operating Margin
11.23%
330.27%
26.04%
Net Margin
9.71%
1132.98%
-446.79%
EPS
0.36
820.00%
-357.14%
No Data Available
GLW Earnings Analysis
Corning Inc Corporation (GLW.N) Earnings Conference Call
Positive
Record Sales Growth: Sales grew 18% year over year to a record $3,900,000,000 in Q4 2024.
EPS Surge: EPS increased by 46% to $0.57, significantly outpacing sales growth.
Operating Margin Expansion: Operating margin expanded by 220 basis points to 18.5%, moving closer to the target of 20% by 2026.
Free Cash Flow Increase: Free cash flow for 2024 reached $1,250,000,000, up 42% from the previous year.
Optical Communications Sales Surge: Optical Communications segment sales grew 51% year over year in Q4, driven by a 93% increase in enterprise sales.
Negative
Environmental Technologies Sales Decline: Environmental Technologies segment sales decreased 7% year over year in Q4, driven by weaker light duty and heavy duty markets in Europe, with full year sales down 6%.
Specialty Materials Sales Decline: Specialty Materials segment sales declined 6% sequentially in Q4, indicating potential weakness in demand despite a year-over-year growth of 9%.
Display Technologies Net Income: Display Technologies segment net income was $262 million in Q4, which, while up 19% year over year, reflects a slower growth rate compared to other segments, indicating potential challenges ahead.
Environmental Technologies Decline: The Environmental Technologies segment's net income for Q4 was down 17% year over year, reflecting lower volume and continued weakness in global heavy duty markets, particularly in Europe.
Market Outlook Challenges: Overall, the company expects the global light duty market to remain flat and the heavy duty market to decline slightly in 2025, indicating a challenging outlook for the Environmental Technologies segment.
GLW FAQs
How does GLW typically perform around its earnings report dates?
Is Corning Inc (GLW) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GLW Earning Call Sentiment
Earnings call transcript: Corning's Q4 2024 EPS beats forecast, stock rises
GLW.N
0.44%Positive
The earnings call summary reflects strong financial performance with significant sales and EPS growth, driven by demand in Optical Communications and Display Technologies. The introduction of a share buyback program and strategic partnerships like the AT&T agreement are positive indicators. However, concerns about market dynamics, competitive pressures, and supply chain challenges were noted. The Q&A section highlighted management's confidence in growth and margin improvement, despite some unclear responses. Overall, the positive financial results and strategic initiatives outweigh the noted risks, suggesting a likely positive stock price movement.
