Corning Inc. (NYSE:GLW) on Tuesday reported better-than-expected second-quarter 2026 results.
Adjusted earnings rose 30% year over year to 78 cents per share, topping analysts’ estimates of 76 cents. Revenue increased 17% to $4.74 billion, ahead of the consensus estimate of $4.61 billion.
For the third quarter, Corning expects adjusted earnings of 85 cents to 89 cents per share, compared with analysts’ estimate of 85 cents. The company forecast revenue of $4.9 billion to $5.0 billion, representing about 16% year-over-year growth and broadly in line with the consensus estimate of $4.97 billion.
Corning shares gained 0.2% to trade at $126.25 on Wednesday.
These analysts made changes to their price targets on Corning following earnings announcement.
