Down 20%, Is Corning Stock Worth Buying Now? [The Motley Fool]
Corning Incorporated (GLW)
Last corning incorporated earnings: 4/28 07:15 am
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US:NYSE Investor Relations:
corning.com/worldwide/en/about-us/investor-relations.html
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Source: The Motley Fool
Down 20%, Is Corning Stock Worth Buying Now? Revisiting the glass technology leader's latest quarterly results. When Corning ( NYSE:GLW ) released third-quarter 2019 results on Oct. 29, the market seemed indifferent, with shares of the glass technology company up only slightly on the news -- that is, until we recall that Corning stock had already plunged in mid-September after management's early look at Q3 performance, tempering expectations for the company's two largest segments . In fact, that marked Corning's second such guidance reduction in as many quarters, and leaves the stock down around 20% from its 52-week high, as of this writing. Now that the dust has settled, it's time to ask: Is Corning stock worth buying on the drop? Let's look at what the company accomplished in its most recent quarter, starting with its headline numbers: Data source: Corning. GAAP = generally accepted accounting principles. To be clear, those GAAP results include the impact of headwinds such as curre
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News
- Surging Demand for Injectable Drugs and Immunization Programs Spurs Growth in Pharmaceutical Glass Tubing Market: Projections, Challenges, and Opportunities Explored | FMI [Yahoo! Finance]Yahoo! Finance
- Corning Incorporated (NYSE: GLW) had its price target raised by analysts at Morgan Stanley from $39.00 to $48.00. They now have an "equal weight" rating on the stock.MarketBeat
- Cell Line Development Market Size Set for Explosive Growth, with Projections Indicating $ 18.62 billion by 2031 | The Insight Partners [Yahoo! Finance]Yahoo! Finance
- Corning Incorporated (NYSE: GLW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
GLW
Earnings
- 10/29/24 - Beat
GLW
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 4
- 12/11/24 - Form 4/A
- GLW's page on the SEC website