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 EPS forecast was $0.37 against target of $0.37, a month earlier. Two months ago, this estimate was $0.37 versus forecast of $0.37 three months earlier, implying a deviation of 0%.

Corning Incorporated (NYSE:GLW) stated that 18 days ago, its stock price was positively revised 1 times while negative revisions were 2.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 1 , 3, 2, and 3, correspondingly.

EPS estimate downgrade for Corning Incorporated (NYSE:GLW) in the preceding 30, 120, 60 and 90 days were 0, 2, 2, and 2, correspondingly.

Earnings Surprises

Corning Incorporated (NYSE:GLW) EPS target for the quarter closed 1 was $0.37, based on 7 recommendations. As reported on 2016-04-26 the EPS was $0.28. The change was $0, implying a percentage deviation of 0%. The projections showed a standard deviation of 0.02.

Quarterly Sales Estimates

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

Highest sales target is $2480.58 while the lowest target is $2433 showing standard deviation of 25.358%.

As many as 3 analysts have sales targets revised upside while 3 reduced sales estimates, implying a deviation of 0%.

Last month, 3 revised sales number projection on upside while 3 lowered the sales projections, implying a deviation of 0%.

A quarter ago, 3 hiked sales target and 3 reduced sales forecast. Corning Incorporated (NYSE:GLW) announced that the deviation in forecast was -2.24%.

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