Corning Raises Q2 Guidance, Expecting Solid Growth for Apple Supplier

Monday, 8 July 2024, 12:36

Corning's decision to raise its Q2 core sales guidance to $3.6 billion has sparked a premarket surge in its shares. The company anticipates its EPS to surpass the projected range of $0.42-$0.46, indicating strong performance and potential for growth in partnership with Apple.
Benzinga
Corning Raises Q2 Guidance, Expecting Solid Growth for Apple Supplier

Corning's Positive Guidance Impact

Corning recently lifted its Q2 core sales guidance to $3.6 billion, exceeding market expectations.

EPS Outlook

The company foresees its earnings per share reaching the high end of the projected range of $0.42-$0.46.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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