Corning Future Growth
Future criteria checks 4/6
Corning is forecast to grow earnings and revenue by 41.9% and 9.9% per annum respectively. EPS is expected to grow by 44.2% per annum. Return on equity is forecast to be 18.9% in 3 years.
Key information
41.9%
Earnings growth rate
44.2%
EPS growth rate
| Electronic earnings growth | 18.1% |
| Revenue growth rate | 9.9% |
| Future return on equity | 18.9% |
| Analyst coverage | Good |
| Last updated | 19 Nov 2024 |
Recent future growth updates
Recent updates
Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Nov 05
Corning Q3 2024 Earnings Review: EPS And Revenue Beat, Guidance Increased
Oct 29Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 19Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28
Oct 05Generative AI And Springboard Plan Drive Higher Corning Earnings
Sep 17Corning's (NYSE:GLW) Dividend Will Be $0.28
Aug 20Corning: Bullish AI Catalysts From Partners Lumen And Google
Aug 14Some Investors May Be Willing To Look Past Corning's (NYSE:GLW) Soft Earnings
Aug 09Corning (NYSE:GLW) Will Pay A Dividend Of $0.28
Jul 22What To Do After Corning Shares Rallied
Jul 09Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28
Jun 29Corning: Better Days Are Ahead
Jun 25Investors Appear Satisfied With Corning Incorporated's (NYSE:GLW) Prospects
Jun 07Corning: The Rally Is Just Getting Started
Jun 03Corning's (NYSE:GLW) Dividend Will Be $0.28
May 22Investors Could Be Concerned With Corning's (NYSE:GLW) Returns On Capital
May 14Corning: Earnings Recovery To Monitor
May 02Corning: Near-Term Weakness But Considerable Long-Term Opportunities
Apr 16An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 23% Undervalued
Apr 11At US$32.96, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?
Mar 30We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt
Mar 18Corning: Great Time To Seize This Hidden AI Opportunity
Feb 13Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality
Feb 07Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively
Feb 04Corning: A Growth Story With Reasonable Valuation
Jan 30The Price Is Right For Corning Incorporated (NYSE:GLW)
Jan 23Corning: Recent Weakness Provides Good Buying Opportunities
Jan 13Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?
Dec 29Corning: Strike While The Glass Is Hot
Dec 06Corning: Stock Price Decline Is Justified
Nov 28Corning (NYSE:GLW) Will Be Looking To Turn Around Its Returns
Nov 06Corning: Assessing Growth Prospects Amid Economic Uncertainties
Oct 31Corning (NYSE:GLW) Is Paying Out A Larger Dividend Than Last Year
Oct 25These 4 Measures Indicate That Corning (NYSE:GLW) Is Using Debt Extensively
Oct 20Corning: Supportive Megatrends Coupled With A Recovery Story
Oct 17Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28
Oct 08Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023
Sep 27At US$31.22, Is It Time To Put Corning Incorporated (NYSE:GLW) On Your Watch List?
Sep 25Corning Incorporated's (NYSE:GLW) Intrinsic Value Is Potentially 52% Above Its Share Price
Sep 10Corning: There Is Still Time To Accumulate Shares
Aug 28Corning (NYSE:GLW) Is Increasing Its Dividend To $0.28
Aug 28Corning: A Timeless Gem Poised For A Comeback
Aug 22Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 27Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 16,387 | 1,791 | 2,190 | 3,551 | 8 |
| 12/31/2025 | 15,258 | 1,596 | 1,787 | 3,094 | 9 |
| 12/31/2024 | 14,342 | 517 | 1,175 | 2,268 | 9 |
| 9/30/2024 | 12,611 | 156 | 1,039 | 2,029 | N/A |
| 6/30/2024 | 12,393 | 437 | 938 | 2,052 | N/A |
| 3/31/2024 | 12,385 | 614 | 890 | 2,150 | N/A |
| 12/31/2023 | 12,588 | 581 | 615 | 2,005 | N/A |
| 9/30/2023 | 13,000 | 585 | 395 | 1,909 | N/A |
| 6/30/2023 | 13,315 | 629 | 255 | 1,893 | N/A |
| 3/31/2023 | 13,687 | 911 | 429 | 2,032 | N/A |
| 12/31/2022 | 14,189 | 1,316 | 1,011 | 2,615 | N/A |
| 9/30/2022 | 14,459 | 1,839 | 1,197 | 3,021 | N/A |
| 6/30/2022 | 14,586 | 2,002 | 1,450 | 3,210 | N/A |
| 3/31/2022 | 14,472 | 1,085 | 1,492 | 3,223 | N/A |
| 12/31/2021 | 14,082 | 1,079 | 1,775 | 3,412 | N/A |
| 9/30/2021 | 13,756 | 819 | 1,758 | 3,163 | N/A |
| 6/30/2021 | 13,142 | 851 | 1,719 | 2,876 | N/A |
| 3/31/2021 | 12,202 | 1,109 | 1,534 | 2,655 | N/A |
| 12/31/2020 | 11,303 | 414 | 803 | 2,180 | N/A |
| 9/30/2020 | 10,770 | 194 | 1,053 | 2,424 | N/A |
| 6/30/2020 | 10,703 | 104 | 979 | 2,705 | N/A |
| 3/31/2020 | 11,082 | 267 | 300 | 2,308 | N/A |
| 12/31/2019 | 11,503 | 862 | 53 | 2,031 | N/A |
| 9/30/2019 | 11,721 | 1,122 | -266 | 1,954 | N/A |
| 6/30/2019 | 11,795 | 1,410 | -219 | 2,008 | N/A |
| 3/31/2019 | 11,602 | 2,056 | 391 | 2,570 | N/A |
| 12/31/2018 | 11,290 | 968 | 609 | 2,919 | N/A |
| 9/30/2018 | 10,892 | -736 | 617 | 2,866 | N/A |
| 6/30/2018 | 10,491 | -971 | N/A | 2,568 | N/A |
| 3/31/2018 | 10,241 | -1,270 | N/A | 2,133 | N/A |
| 12/31/2017 | 10,116 | -595 | N/A | 2,004 | N/A |
| 9/30/2017 | 9,955 | 2,389 | N/A | 2,544 | N/A |
| 6/30/2017 | 9,855 | 2,283 | N/A | 2,553 | N/A |
| 3/31/2017 | 9,718 | 4,051 | N/A | 2,808 | N/A |
| 12/31/2016 | 9,390 | 3,597 | N/A | 2,537 | N/A |
| 9/30/2016 | 9,145 | 2,249 | N/A | 2,073 | N/A |
| 6/30/2016 | 8,910 | 2,177 | N/A | 2,116 | N/A |
| 3/31/2016 | 8,893 | 466 | N/A | 2,128 | N/A |
| 12/31/2015 | 9,111 | 1,241 | N/A | 2,829 | N/A |
| 9/30/2015 | 9,284 | 2,006 | N/A | 2,957 | N/A |
| 6/30/2015 | 9,552 | 2,807 | N/A | 3,377 | N/A |
| 3/31/2015 | 9,691 | 2,481 | N/A | 3,573 | N/A |
| 12/31/2014 | 9,715 | 2,378 | N/A | 4,709 | N/A |
| 9/30/2014 | 9,267 | 1,835 | N/A | 4,881 | N/A |
| 6/30/2014 | 8,794 | 1,254 | N/A | 4,255 | N/A |
| 3/31/2014 | 8,294 | 1,747 | N/A | 3,901 | N/A |
| 12/31/2013 | 7,819 | 1,961 | N/A | 2,787 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GLW's forecast earnings growth (41.9% per year) is above the savings rate (2.6%).
Earnings vs Market: GLW's earnings (41.9% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: GLW's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GLW's revenue (9.9% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: GLW's revenue (9.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GLW's Return on Equity is forecast to be low in 3 years time (18.9%).