Corning Inc
GLW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<p | LOCK|!@nM | LOCK|Wz&M??N |
Corning Earnings: Buy Into the Fundamentals, Sell the Market Pessimism
Corning's second-quarter results beat guidance, with non-GAAP sales rising 17% year over year to $4.7 billion and non-GAAP operating margin rising 190 basis points year over year to 20.9%. Shares sold off nearly 20% intraday July 28 as guidance appears to have disappointed the market.
