Wall Street anticipates Corning to report adjusted earnings growth of 25% year-over-year amid AI-driven demand for specialty glass.
Corning is set to release second-quarter results on Tuesday, with analysts expecting adjusted earnings of 75 cents per share, a 25% increase from the same period last year. Revenue is projected to reach $4.63 billion, up nearly 20% year-over-year.
The consensus estimates reflect strong demand for the company’s specialty glass products, driven by growth in AI and other high-tech applications. In the prior quarter, Corning reported adjusted earnings of 68 cents per share on revenue of $3.6 billion.
Investors will weigh the results against valuation concerns as the stock trades near multi-year highs.