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Sep 30, 2021
Corning Q3 2021 Earnings Report
Corning reported third-quarter 2021 results with sales reaching an all-time high, core sales and EPS growing year over year, and announcements highlighting contributions to industry advancements.
Key Takeaways
Corning Incorporated announced strong third-quarter results with sales reaching an all-time high. The company is on track to reach $14 billion in sales and over $2 in EPS for 2021, with continued growth expected in 2022. Strong execution and strategic partnerships drove the outstanding quarter.
Sales reached an all-time high, with core sales and EPS growing 21% and 30% year over year, respectively.
Company is on track to reach $14 billion in sales and over $2 in EPS for 2021.
Announcements with AT&T, Jeep, PPG, and Samsung highlight Corning’s contributions to significant industry advancements.
Strong growth is expected to continue in 2022, driven by sales growth and strong cash generation.
Corning
Corning
Corning Revenue by Segment
Revenue by Segment
Optical Communications Revenue
CapyFin.comDisplay Technologies Revenue
CapyFin.comSpecialty Materials Revenue
CapyFin.comLife Sciences Revenue
CapyFin.com Forward Guidance
The company expects sales and EPS growth with strong cash generation to continue in 2022.