Corning Incorporated (NYSE:GLW) Announces An EPS Of $0.37 On 2016-07-27


Corning Incorporated (NYSE:GLW) on 2016-07-27 announced an EPS of $0.37. Estimates for the company’s EPS stand at $0.32. A week ago the earnings estimates stood at $0.32 changing by 0%, while a month ago they were $0.32.

The company had received an EPS estimate of $0.32 60 days ago while 90 days ago the estimates were at $0.32.

In the last 7 days the company has seen 7 upward revisions in its EPS estimates while the number of downward revisions was EPS_CNT_EST_REV_DOWN_LAST_7D:1835}}. Similarly, its EPS estimates were increased 7, 7, 7 and 7 times in the last 30, 60, 90 and 120 days respectively.

In the last 120, 90, 60 and 30 days periods the EP estimates were downgraded 7, 7, 7, 7 times.

In the previous 18 days the estimates saw upward revision 7 times and downward revision 7 times.

From a total of 7 estimates, the company’s mean EPS estimate for the period ended 2 stood at $0.32. As such the difference amount from the actual EPS was $0.05, which comes to 15.63%. Right before the announcement of the actual EPS, the estimates ha d a standard deviation of 0.01.

Coming to sales figures, Corning Incorporated (NYSE:GLW) is estimated to register annual sales of $2495.412. The figure is the arithmetic mean of all estimates by 4 analysts while the median comes to $2494 for the fiscal year 2017.

The highest estimate stands at $2531.65 while lowest is $2462. The annual sales estimate have a standard deviation of 36.521%.

In the last week 4 analysts increased their sales estimates while 4 decreased their estimates. The mean estimate changed by 0% from last week.

Over the last month, 4 analysts revised their estimates upwards while 4 analysts revised their estimates downwards. The mean estimate saw a change of 1.362% from a month ago.

Over the last 3 month period, 4 analysts revised their sales estimates for Corning Incorporated (NYSE:GLW) upwards while 4 analysts downgraded their estimates. The mean estimate from 3 months ago underwent a change of 1.362%.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 23 times, 1 visits today)