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Corning (GLW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Investors interested in stocks from the Communication - Components sector have probably already heard of Corning (GLW) and Arista Networks (ANET). But which of these two companies is the best option for those looking for undervalued stocks?
Oct 9th, 2024 - Corning Inc (GLW, Financial) stock technically made a classic breakout from the Cup with Handle pattern and invited traders to make some buzz with the stock today. The news powering the buzz is that Corning, a manufacturer of glass, ceramic and optical fibers for various industries, partnered with KD to deliver high speed connectivity for modern software-equipped vehicles.
Preliminary earnings reports are typically released ahead of formal quarterly financials and allow companies to provide updated guidance. Dow, Nucor, and Corning, each exposed to the macroeconomy, issued preannouncements in September. AI, global demand, and supply chains are key variables as we head into year-end.
Corning (GLW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Corning launches a next-generation EXTREME ULE Glass for advanced chip manufacturing.
The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. Earnings season is on the way.
Maker of optical fiber and displays continues to expect Q3 profit of 50 cents to 54 cents a share.