Corning is scheduled to report third-quarter results Tuesday, Oct. 27, with analysts expecting earnings of $0.88 per share as the company works toward multiyear sales goals.
At $0.88, the per-share estimate is 31% higher than a year earlier. Corning’s second-quarter core sales totaled $4.738 billion, a 17% increase.
Optical Communications brought in $2.072 billion during the quarter, a 32% increase. Enterprise Networks sales were up 65% over the same period.
Springboard’s targets rise over time: annualized sales of $40 billion by year-end 2030, following goals of $30 billion by year-end 2028 and $20 billion by year-end 2026. The company’s third-quarter report is the next scheduled update.
