GLW
$40.64
Revenue | $3251Mn |
Net Profits | $104Mn |
Net Profit Margins | 3.2% |
PE Ratio | 81.28 |
Corning Inc.’s revenue jumped 0.25% since last year same period to $3251Mn in the Q2 2024. On a quarterly growth basis, Corning Inc. has generated 9.28% jump in its revenue since last 3-months.
Corning Inc.’s net profit fell -79.81% since last year same period to $104Mn in the Q2 2024. On a quarterly growth basis, Corning Inc. has generated -50.24% fall in its net profits since last 3-months.
Corning Inc.’s net profit margin fell -79.86% since last year same period to 3.2% in the Q2 2024. On a quarterly growth basis, Corning Inc. has generated -54.46% fall in its net profit margins since last 3-months.
Corning Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 81.28.
EPS Estimate Current Quarter | 0.53 |
EPS Estimate Current Year | 0.53 |
Corning Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.53 - a 15.22% jump from last quarter’s estimates.
Corning Inc.’s earning per share (EPS) estimates for the current year stand at 0.53.
Earning Per Share (EPS) | 0.47 |
Return on Assets (ROA) | 0.03 |
Return on Equity (ROE) | 0.04 |
Dividend Per Share (DPS) | 0.28 |
Corning Inc.’s earning per share (EPS) jumped 4.44% since last year same period to 0.47 in the Q2 2024. This indicates that the Corning Inc. has generated 4.44% annual rate of jump in its earning per share (EPS) in the last 4 quarters.
Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Corning Inc.’s return on assets (ROA) stands at 0.03.
The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Corning Inc.’s return on equity (ROE) stands at 0.04.
Corning Inc. declared 0.28 dividend per share during the earnings announcement for Q2 2024.
Earnings Date | Estimated EPS | Reported EPS | Surprise % |
---|---|---|---|
2024-08-02 | 0.46 | 0.47 | 2.17% |
2024-05-02 | 0.35 | 0.38 | 8.57% |