Corning Incorporated (NYSE:GLW) Yearly Sales Target At $2461.86


The EPS projection of Corning Incorporated (NYSE:GLW) for quarter ended 2016-09-30 is $0.37. A week before, the EPS forecast was $0.37 against target of $0.37, a month earlier. This estimate stood at $0.37 60 days earlier versus forecast of $0.37 90 days earlier, confirming a deviation of 0%.

Corning Incorporated (NYSE:GLW) reported that 18 days ago, the positive EPS revisions were 1 and negative revisions at 2.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 3, 3, 1 and 3, respectively.

The downgrade of EPS estimates for Corning Incorporated (NYSE:GLW) in the preceding 120, 60, 30 and 90 days were 2, 2, 0 and 2, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Corning Incorporated (NYSE:GLW) was $0.37. This projection was computed after accounting 7 calls. As reported on 2016-04-26 the EPS was $0.28. The change was $0, demonstrating a percentage deviation of 0%. The projections confirmed a standard deviation of 0.02.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for Corning Incorporated (NYSE:GLW) stands at $2461.86 and the median estimate at $2472. Almost 3 analysts announced their estimates.

The highest estimate is $2480.58 while the lowest target is $2433 showing standard deviation of 25.358%.

As many as 3 analysts released sales estimates reised in upside while 3 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 3 revised sales number projection on upside while 3 lowered the sales target, demonstrating a deviation of 0%.

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

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 4 times, 1 visits today)