earnings
confidence high
sentiment positive
materiality 0.85
Corning Q3 core sales $4.27B (+14% YoY), core EPS $0.67 (+24%); Q4 guidance above estimates, margin target a year early
CORNING INC /NY
2025-Q3 EPS reported
$1.21
revenue$11,414,000,000
- Q3 core sales $4.27B (+14% YoY), core EPS $0.67 (+24% YoY); core operating margin 19.6% (+130bps).
- Q4 outlook: core sales ~$4.35B, core EPS $0.68–$0.72; expects operating margin of 20% in Q4, a year ahead of Springboard plan.
- GAAP sales $4.10B, GAAP EPS $0.50, GAAP operating cash flow $784M; adjusted free cash flow $535M.
- Optical Communications Enterprise sales surged 58% YoY on strong adoption of new Gen AI products.
- Apple committed $2.5B to produce 100% of iPhone and Apple Watch cover glass at Corning's Kentucky facility.