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Corning Incorporated (GLW), based in Corning, New York, is a leading materials science and technology company serving markets like optical communications, mobile electronics, display technology, automotive, and life sciences, with a market cap of $38.5 billion. It is set to release its fiscal 2024 Q3 earnings results before the market opens on Tuesday, Oct. 29.
Ahead of the event, analysts expect Corning to report a profit of $0.52 per share, up 15.6% from $0.45 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in two of the last four quarters while missing on the other two occasions.