Annual Sales Estimate Of $2461.86 for Corning Incorporated (NYSE:GLW)

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Corning Incorporated (NYSE:GLW) is being projected to post an EPS of $0.37 for the quarter ended 2016-09-30. 7 days ago the estimate stood at $0.37 and 30 days ago at $0.37. Similarly, the projected figure 60 days ago was $0.37 and 90 days ago it was $0.37.

The estimates have seen a change of 0% from 7 days ago. During this period, the figure was upwards 0 times and downwards 0 times. During the last 180 days upwards revision in the EPS estimate happened 1 times and downwards revision happened 3 times.

The number of revisions upwards was 1 in 30 days, 3 in 60 days, 3 in 90 days and 3 in 120 days.

The number of revisions downwards was 0 in the last 30 days, 2 in the last 60 days, 2 in the last 90 days and 2 in the last 120 days.

Earnings Surprises

For the quarter ended 1, Corning Incorporated (NYSE:GLW) had a mean EPS estimate of $0.37 out of 7 estimates. When the actual figure was announced on 2016-04-26 it was $0.28, giving a surprise margin of $0 or 0% per share. The actual EPS yielded a standard deviation of 0.02 from all estimates.

Quarterly Sales Estimates

3 analysts gave Corning Incorporated (NYSE:GLW) an annual sales estimate of $2461.86, if the arithmetic mean of the estimates is considered. The estimate stands at $2472 if the median is considered. The estimates are for the year 2017. The estimates range from a low of $2433 to a high of $2480.58, with the standard deviation of the estimates being 25.358%.

In the last week, 3 analysts increased their sales estimate while 3 decreased it. The change in the mean estimate for the period is 0%.

In the last month, 3 analysts increased their sales estimate while 3 decreased it. The change in the mean estimate for the period is 0%.

In last 3 months, 3 analysts increased their sales estimate while 3 decreased it. The change in the mean estimate for the period is -2.24%.

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