Corning Inc. (NYSE:GLW) reported better-than-expected fourth-quarter fiscal 2025 results on Wednesday.
The Corning, N.Y.-based company posted adjusted earnings of 72 cents per share, beating analyst estimates of 70 cents.
Core sales rose 14% year over year (Y/Y) to $4.41 billion, exceeding the $4.35 billion consensus. Core EPS grew 26% Y/Y, while core operating margin expanded 390 basis points Y/Y to 20.2%.
For the first quarter, Corning expects core sales of $4.200 billion-$4.300 billion, above the Street estimate of $4.234 billion, and adjusted EPS in the range of 66 to 70 cents, ahead of the 66-cent consensus. Management …