Corning sees Q3 core EPS 63c-67c, consensus 62c

The company said, “In the third quarter, management expects continued strong performance on its Springboard plan and double-digit sales and earnings growth year over year, with core sales of $4.2 billion and profit again growing faster than sales, with core EPS in a range of $0.63 to $0.67. Third-quarter guidance factors in about $0.01 to $0.02 for the impact of currently enacted tariffs, along with $0.02 to $0.03 of temporarily higher cost as production ramps to meet increased demand for new Gen AI and U.S.-made solar products.”