Corning Q4 sales rise on optical communications segment

Reuters

Jan 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.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(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.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLW","symbol_name":"康宁","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260128:nL1N3YT0JM:1","article_id":"2606715299","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2606715299","pubTimestamp":1769602334,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Corning Q4 sales riseon optical communications segmentOverviewMaterials science innovator's Q4 core sales grew 14% yr/yrCore EPS for Q4 rose 26% yr/yr, exceeding analyst estimatesCompany upgrades Spri","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLW":"康宁","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU2473716301.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMF\" (USD) INC","LU2322448791.USD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (USD) INC","BK4588":"碎股","LU2272731865.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AM\" (HKD) INC","BK4585":"ETF&股票定投概念","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU2322448957.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES INCOME \"AMG\" (HKD) INC","BK4148":"电子元件","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","BK4512":"苹果概念"},"translate_title":"康宁第四季度光通信部门销售额增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLW":0.9},"content_text":"Corning Q4 sales rise on optical communications segmentOverviewMaterials science innovator's Q4 core sales grew 14% yr/yrCore EPS for Q4 rose 26% yr/yr, exceeding analyst estimatesCompany upgrades Springboard Plan, targeting $11 bln in additional sales by 2028OutlookCorning expects Q1 2026 core sales to rise 15% to $4.2 bln-$4.3 blnCompany projects Q1 2026 core EPS between $0.66 and $0.70Corning upgrades Springboard Plan, adding $6.5 bln in sales by 2026Result DriversOPERATING MARGIN EXPANSION - Corning expanded its core operating margin by 390 basis points to 20.2% from Q4-2023 to Q4-2025, contributing to improved profitabilityOPTICAL COMMUNICATIONS GROWTH - The Optical Communications segment's net sales increased 24% year-over-year, driving overall revenue growthSPRINGBOARD PLAN UPGRADE - Corning upgraded its Springboard Plan to add $11 billion in incremental annualized sales by 2028, up from the original $8 billion planKey DetailsMetricBeat/MissActualConsensus EstimateQ4 Sales$4.22 blnQ4 Core SalesBeat$4.41 bln$4.35 bln (9 Analysts)Q4 Core EPSBeat$0.72$0.71 (10 Analysts)Q4 EPS$0.62Press Release: ID:nBw7NZxV5aFor 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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}