|Bid||0.00 x 800|
|Ask||0.00 x 3000|
|Day's Range||34.59 - 35.53|
|52 Week Range||33.21 - 44.33|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||35.06|
|Earnings Date||Apr 25, 2022 - Apr 29, 2022|
|Forward Dividend & Yield||1.08 (3.04%)|
|Ex-Dividend Date||May 27, 2022|
|1y Target Est||44.73|
Today we're going to take a look at the well-established Corning Incorporated ( NYSE:GLW ). The company's stock saw...
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Shares of fiber optics and "Gorilla glass" manufacturer Corning Incorporated (NYSE: GLW) surged after the company released Q1 earnings this week, rising as much as 5% over their pre-earnings share price -- and for good reason. Corning's sales jumped 15% year-over-year in Q1, with core earnings (a non-GAAP metric) rising even faster -- up 20%. Actual earnings calculated according to generally accepted accounting principles (GAAP) were both better and worse, though -- better because it turns out Corning actually earned $0.68 per share according to GAAP, and worse because this was only a 1% improvement over last year's Q1.