Corning Incorporated (NYSE:GLW) Median Sales Estimate At $2472


The EPS projection of Corning Incorporated (NYSE:GLW) for quarter ended 2016-09-30 is $0.37. Last week, the projection for EPS was $0.37 against target of $0.37, a month earlier. While 2-months ago, this projection was $0.37 versus forecast of $0.37a quarter months earlier, posting a deviation of 0%.

Corning Incorporated (NYSE:GLW) posted that 18 days earlier, the share price was revised 1 times on upside. In addition, negative revisions were 2.

In last week, negative EPS revisions were 0 times and positive EPS revisions were 0 times. In last one-month and two month the positive revisions were 0 and 1. While in last 120 and 90 days, positive revisions were 3, and 3, correspondingly.

The per-share earnings downgrade for Corning Incorporated (NYSE:GLW) in the preceding 30 and 120 were 0 and 2. While in 60 and 90 days were 0, and 2, in that order.

Earnings Surprises

Corning Incorporated (NYSE:GLW) EPS target was $0.37 for the quarter closed 1. It was based on 7 calls. As on 2016-04-26 the EPS was $0.28. The change was $0, posting a deviation of 0%. The price projections gave a standard deviation of 0.02.

Quarterly Sales Estimates

Corning Incorporated (NYSE:GLW) sales prediction for the fiscal 2017 stands at $2461.86 and the median estimate is at $2472. Almost 3 analysts gave sales target.

Among this, the highest sales estimate is $2480.58 while the lowest target is $2433 showing standard deviation of 25.358%.

As many as 3 analysts have positive sales targets revision while 3 reduced sales estimates, posting a deviation of 0%.

Last month, 3 experts have positive sales number revision. Also, 3 research groups lowered the sales projections, posting a deviation of 0%.

A quarter ago, 3 hiked sales target and 3 reduced sales forecast, posting a deviation of -2.24%.

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