Corning Future Growth

Future criteria checks 3/6

Corning is forecast to grow earnings and revenue by 20.5% and 6.2% per annum respectively. EPS is expected to grow by 22.8% per annum. Return on equity is forecast to be 15.3% in 3 years.

Key information

20.5%

Earnings growth rate

22.8%

EPS growth rate

Electronic earnings growth12.9%
Revenue growth rate6.2%
Future return on equity15.3%
Analyst coverage

Good

Last updated15 Mar 2024

Recent future growth updates

Recent updates

We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt

Mar 18
We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt

Corning: Great Time To Seize This Hidden AI Opportunity

Feb 13

Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Feb 07
Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively

Feb 04
Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively

Corning: A Growth Story With Reasonable Valuation

Jan 30

The Price Is Right For Corning Incorporated (NYSE:GLW)

Jan 23
The Price Is Right For Corning Incorporated (NYSE:GLW)

Corning: Recent Weakness Provides Good Buying Opportunities

Jan 13

Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?

Dec 29
Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?

Corning: Strike While The Glass Is Hot

Dec 06

Corning: Stock Price Decline Is Justified

Nov 28

Corning (NYSE:GLW) Will Be Looking To Turn Around Its Returns

Nov 06
Corning (NYSE:GLW) Will Be Looking To Turn Around Its Returns

Corning: Assessing Growth Prospects Amid Economic Uncertainties

Oct 31

Corning (NYSE:GLW) Is Paying Out A Larger Dividend Than Last Year

Oct 25
Corning (NYSE:GLW) Is Paying Out A Larger Dividend Than Last Year

These 4 Measures Indicate That Corning (NYSE:GLW) Is Using Debt Extensively

Oct 20
These 4 Measures Indicate That Corning (NYSE:GLW) Is Using Debt Extensively

Corning: Supportive Megatrends Coupled With A Recovery Story

Oct 17

Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Oct 08
Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023

Sep 27

At US$31.22, Is It Time To Put Corning Incorporated (NYSE:GLW) On Your Watch List?

Sep 25
At US$31.22, Is It Time To Put Corning Incorporated (NYSE:GLW) On Your Watch List?

Corning Incorporated's (NYSE:GLW) Intrinsic Value Is Potentially 52% Above Its Share Price

Sep 10
Corning Incorporated's (NYSE:GLW) Intrinsic Value Is Potentially 52% Above Its Share Price

Corning: There Is Still Time To Accumulate Shares

Aug 28

Corning (NYSE:GLW) Is Increasing Its Dividend To $0.28

Aug 28
Corning (NYSE:GLW) Is Increasing Its Dividend To $0.28

Corning: A Timeless Gem Poised For A Comeback

Aug 22

Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 27
Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year

Corning (NYSE:GLW) Has Some Way To Go To Become A Multi-Bagger

Jul 21
Corning (NYSE:GLW) Has Some Way To Go To Become A Multi-Bagger

Corning Stock: Bullish Into Q2 Earnings

Jul 12

Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Jul 09
Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28

Corning (NYSE:GLW) Takes On Some Risk With Its Use Of Debt

Jul 07
Corning (NYSE:GLW) Takes On Some Risk With Its Use Of Debt

Corning (NYSE:GLW) Has Announced That It Will Be Increasing Its Dividend To $0.28

Jun 25
Corning (NYSE:GLW) Has Announced That It Will Be Increasing Its Dividend To $0.28

Corning: More Measures To Expect Based On Its Management Framework

Jun 22

Why Corning Stock Is A Strong Buy

Jun 08

Why Corning Incorporated (NYSE:GLW) Could Be Worth Watching

Jun 07
Why Corning Incorporated (NYSE:GLW) Could Be Worth Watching

Calculating The Intrinsic Value Of Corning Incorporated (NYSE:GLW)

May 26
Calculating The Intrinsic Value Of Corning Incorporated (NYSE:GLW)

Corning (NYSE:GLW) Will Pay A Larger Dividend Than Last Year At $0.28

May 01
Corning (NYSE:GLW) Will Pay A Larger Dividend Than Last Year At $0.28

Investors Met With Slowing Returns on Capital At Corning (NYSE:GLW)

Apr 18
Investors Met With Slowing Returns on Capital At Corning (NYSE:GLW)

Is Corning (NYSE:GLW) Using Too Much Debt?

Apr 07
Is Corning (NYSE:GLW) Using Too Much Debt?

Should You Be Adding Corning (NYSE:GLW) To Your Watchlist Today?

Mar 27
Should You Be Adding Corning (NYSE:GLW) To Your Watchlist Today?

Corning: Opportunities In Fiber Optics, Foldable Phones, Growing Solar Installations

Feb 23

Is It Too Late To Consider Buying Corning Incorporated (NYSE:GLW)?

Feb 20
Is It Too Late To Consider Buying Corning Incorporated (NYSE:GLW)?

Corning raises dividend by 3.7% to $0.28

Feb 08

Calculating The Fair Value Of Corning Incorporated (NYSE:GLW)

Feb 04
Calculating The Fair Value Of Corning Incorporated (NYSE:GLW)

Corning: Now Is A Buy

Jan 27

Corning (NYSE:GLW) Might Have The Makings Of A Multi-Bagger

Jan 13
Corning (NYSE:GLW) Might Have The Makings Of A Multi-Bagger

Corning: Fair-Valued With Consistent Strategy Paying Off

Jan 11

Is Corning (NYSE:GLW) A Risky Investment?

Jan 02
Is Corning (NYSE:GLW) A Risky Investment?

Here's Why We Think Corning (NYSE:GLW) Might Deserve Your Attention Today

Dec 22
Here's Why We Think Corning (NYSE:GLW) Might Deserve Your Attention Today

Corning: Currently Overvalued Considering The Risk

Dec 16

Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?

Nov 18
Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?

Why Corning Remains A High-Quality Bargain

Oct 31

Corning Q3 2022 Earnings Preview

Oct 24

Earnings and Revenue Growth Forecasts

NYSE:GLW - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202615,1161,8222,2673,8133
12/31/202514,4071,7221,4452,8388
12/31/202413,5991,4171,2802,5368
12/31/202312,5885816152,005N/A
9/30/202313,0005853951,909N/A
6/30/202313,3156292551,893N/A
3/31/202313,6879114292,032N/A
12/31/202214,1891,3161,0112,615N/A
9/30/202214,4591,8391,1973,021N/A
6/30/202214,5862,0021,4503,210N/A
3/31/202214,4721,0851,4923,223N/A
12/31/202114,0821,0791,7753,412N/A
9/30/202113,7568191,7583,163N/A
6/30/202113,1428511,7192,876N/A
3/31/202112,2021,1091,5342,655N/A
12/31/202011,3034148032,180N/A
9/30/202010,7701941,0532,424N/A
6/30/202010,7031049792,705N/A
3/31/202011,0822673002,308N/A
12/31/201911,503862532,031N/A
9/30/201911,7211,122-2661,954N/A
6/30/201911,7951,410-2192,008N/A
3/31/201911,6022,0563912,570N/A
12/31/201811,2909686092,919N/A
9/30/201810,892-7366172,866N/A
6/30/201810,491-9713482,568N/A
3/31/201810,241-1,270382,133N/A
12/31/201710,116-5952002,004N/A
9/30/20179,9552,389N/A2,544N/A
6/30/20179,8552,283N/A2,553N/A
3/31/20179,7184,051N/A2,808N/A
12/31/20169,3903,597N/A2,537N/A
9/30/20169,1452,249N/A2,073N/A
6/30/20168,9102,177N/A2,116N/A
3/31/20168,893466N/A2,128N/A
12/31/20159,1111,241N/A2,829N/A
9/30/20159,2842,006N/A2,957N/A
6/30/20159,5522,807N/A3,377N/A
3/31/20159,6912,481N/A3,573N/A
12/31/20149,7152,378N/A4,709N/A
9/30/20149,2671,835N/A4,881N/A
6/30/20148,7941,254N/A4,255N/A
3/31/20148,2941,747N/A3,901N/A
12/31/20137,8191,961N/A2,787N/A
9/30/20138,0091,695N/A2,743N/A
6/30/20137,9801,820N/A2,886N/A
3/31/20137,9061,656N/A3,067N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GLW's forecast earnings growth (20.5% per year) is above the savings rate (2.3%).

Earnings vs Market: GLW's earnings (20.5% per year) are forecast to grow faster than the US market (13.5% per year).

High Growth Earnings: GLW's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GLW's revenue (6.2% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: GLW's revenue (6.2% 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 (15.3%).


Discover growth companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.