Stock Track | Corning Stock Soars 5.39% in Pre-Market After Beating Q4 Earnings and Revenue Estimates

Stock Track

Jan 29, 2025

Corning Inc.'s stock soared 5.39% in pre-market trading on Wednesday, outperforming the broader market. This surge came after the company reported better-than-expected fourth-quarter earnings and revenue results.

According to the earnings report, Corning posted core earnings per share (EPS) of $0.57, surpassing the consensus estimate of $0.56. Additionally, the company's core revenue reached $3.874 billion, exceeding analysts' expectations of $3.763 billion.

The company's strong performance in the fourth quarter, coupled with its optimistic outlook for the first quarter of 2025, fueled investor confidence and drove the stock's pre-market rally. Corning provided guidance for Q1 2025, projecting core EPS between $0.48 and $0.52, and core revenue of $3.6 billion.

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This surge came after the company reported better-than-expected fourth-quarter earnings and revenue results.</p>\n\n<p>According to the earnings report, Corning posted core earnings per share (EPS) of $0.57, surpassing the consensus estimate of $0.56. Additionally, the company's core revenue reached $3.874 billion, exceeding analysts' expectations of $3.763 billion.</p>\n\n<p>The company's strong performance in the fourth quarter, coupled with its optimistic outlook for the first quarter of 2025, fueled investor confidence and drove the stock's pre-market rally. Corning provided guidance for Q1 2025, projecting core EPS between $0.48 and $0.52, and core revenue of $3.6 billion.</p>\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":"","article_id":"1191389696","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191389696","pubTimestamp":1738152857,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Corning Inc.'s stock soared 5.39% in pre-market trading on Wednesday, outperforming the broader market. 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