GLWCorning Inc.
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $0.91Beat
- vs $0.89 expected on Oct 27
- Stock move on it
- −1.13%
- one session
- Typical move
- ±6.6%
- average over 2 reports
- Price
- $119.14
- −1.10% today · $107B cap
Past and upcoming reports
2
| Oct 27, 2026 | Sep 30, 2026 | Time not given | $0.89 | Beat$0.91 | −1.13% |
| Jul 28, 2026 | Jun 30, 2026 | Time not given | $0.76 | Missed$0.60 | −12.10% |
After the report
Jul 28, 2026 report
This covers the Jul 28, 2026 report. The Oct 27, 2026 numbers are in the table above.
Corning Q2 Misses by 21% as Guidance Reset Triggers 1.6% Slide
Corning reported Q2 EPS of $0.60, missing the $0.76 estimate by 21.1%. Management reset guidance lower, citing demand normalization. The stock fell 1.6% to $124.05, below the lowest analyst target of $129. Despite long-term AI optical demand, near-term growth expectations have been tempered.
Reported against expected
MissedEPS of $0.60 missed the $0.76 consensus estimate by 21.1%, a $0.16 miss.
Guidance
KeptManagement reset guidance lower, referencing demand normalization but reaffirming AI optical growth opportunities.
How the stock reacted
Stock fell 1.6% on the first trading day post-earnings to $124.05, now trading below the lowest analyst price target of $129.
What changed
EPS missed by 21%, guidance reset lower, stock declined 1.6% to below lowest analyst target.
What the price now assumes
Market is pricing demand slowdown risk despite long-term AI optical growth thesis.
What it means for the business
Maintain neutral bias. watch Q3 guidance and order commentary to confirm demand trajectory.
The next one to three months, as we saw it then
Better case30%
AI optical demand reaccelerates as hyperscalers increase capex. guidance beat and orders surge, driving rebound above $140.
Base case45%
Guidance reset holds. stock trades range-bound $110-$130 until next catalyst, reflecting mixed demand signals.
Worse case25%
Demand weakens further. guidance proves too optimistic, stock breaks below $110 and drops toward $100 as support fails.
If you hold it
Hold unless Q3 order book disappoints. consider trimming if stock closes below $110.
If you are watching
Enter on confirmed Q3 guidance beat above consensus. avoid if stock closes below $110.
Scenario odds are a judgement, not measured.