Corning Incorporated (NYSE:GLW) EPS Projection At $0.38


The EPS projection of Corning Incorporated (NYSE:GLW) for period quarter completed 2016-12-31 is $0.38.

The EPS estimates pronounced a week and 30 days ago were $0.38 and $0.38 correspondingly. The EPS forecasts specified 60 and 90 days before were $0.38 and $0.38 respectively. From a week ago, the aberration in EPS forecast is -0.02 percent.

Earnings Surprises

The mean EPS prediction straightaway before the earnings release for the quarter completed 2 is $0.38 based on 7 EPS estimations. The EPS stated on 2016-07-27 was $0.37. The EPS surprise was $0.05, or 15.63 percent. The standard deviation as per known EPS estimates was $0.01.

EPS revisions

The positive EPS revisions were 0 a week earlier and negative revisions were 1. In last 30 and 60 days, the positive EPS revisions were 0 and 0 correspondingly, while for 90 and 120 days, revisions count was 4 and 4.

The negative revisions of per-share earnings in the last 30 and 60-days were 1 and 1 in that order. however, for 90 and 120 days’ period, the count was 2 and 3 in that order.

EPS revisions upgrade and downgrade in the last 18 days were 2 and 3 correspondingly.

Quarterly Sales Estimates

The arithmetic mean of probable annual sales of Corning Incorporated (NYSE:GLW) is $2495.412 and the median was $2494. The estimate is stated by 4 analysts for the fiscal 2017.

The highest annual projection is $2531.65 and lowest sales target is $2462. This marks a standard deviation of $36.521.

Almost 4 have given revised positive sales forecast in the past week and 4 have downgraded forecasts. As per the stated estimates, the change in target from the past week is 0 percent.

Nearly 4 have revised sales projections in positive side over the past month and 4 have downgraded forecasts. This shows a mean estimate deviation of 0 percent.

Just about 4 have revised sales forecast on plus side over the quarter and 4 have downgraded forecasts. This shows mean estimate deviation of 1.362 percent.

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