Corning Q4 sales rise on optical communications segment

Reuters
01/28
Corning Q4 sales rise on optical communications segment

Overview

  • Materials science innovator's Q4 core sales grew 14% yr/yr

  • Core EPS for Q4 rose 26% yr/yr, exceeding analyst estimates

  • Company upgrades Springboard Plan, targeting $11 bln in additional sales by 2028

Outlook

  • Corning expects Q1 2026 core sales to rise 15% to $4.2 bln-$4.3 bln

  • Company projects Q1 2026 core EPS between $0.66 and $0.70

  • Corning upgrades Springboard Plan, adding $6.5 bln in sales by 2026

Result Drivers

  • OPERATING MARGIN EXPANSION - Corning expanded its core operating margin by 390 basis points to 20.2% from Q4-2023 to Q4-2025, contributing to improved profitability

  • OPTICAL COMMUNICATIONS GROWTH - The Optical Communications segment's net sales increased 24% year-over-year, driving overall revenue growth

  • SPRINGBOARD PLAN UPGRADE - Corning upgraded its Springboard Plan to add $11 billion in incremental annualized sales by 2028, up from the original $8 billion plan

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

$4.22 bln

Q4 Core Sales

Beat

$4.41 bln

$4.35 bln (9 Analysts)

Q4 Core EPS

Beat

$0.72

$0.71 (10 Analysts)

Q4 EPS

$0.62

Press Release: ID:nBw7NZxV5a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10