Here are some sample widgets you could interact with from this dashboard:
(1) Revenues expected to be slightly ahead of consensus estimates
Trefis estimates GLW's FQ1 2021 revenues to be $3.42 Bil, slightly ahead of the consensus estimate of $3.4 Bil
Estimated Revenues - 2021Q1(E)
Trefis Estimates for Corning Revenues:
Expected Change (YoY): 43.0%
The chart to the right highlights trends in Corning's Revenues over the last four quarters along with our forecast for FQ1 2021.
Quarterly Revenue Trend
(2) EPS likely to marginally beat consensus estimates
GLW's FQ1 2021 earnings per share (EPS) expected to be $0.53 per Trefis analysis, marginally beating the consensus estimate of $0.51 by 3.9%
Estimated EPS- 2021Q1(E)
Trefis Estimates for Corning EPS:
Expected Change (YoY): -431.2%
The chart to the right highlights trends in GLW's EPS over the last four quarters along with our forecast for FQ1 2021.
Quarterly EPS Trend
(3) Stock price estimate 23% higher than current market price
Trefis maintains a fair value of $50 for GLW's stock as opposed to the current market price of roughly $40.
GLW Stock Price
The Trefis Price Estimate for Corning stock represents the fair value for the company's stock over a one-year horizon.
Details about the chances of a rise in GLW stock in the near term can be found in a separate interactive dashboard.
The chart to the right highlights trends in GLW's stock price at the end of each of the last four quarters as well as the current stock price.
Stock Price (Quarter End)
#1. Estimating Corning's Total Revenues:
Corning's Revenues have seen a marginal increase of 0.1% from around $11 Bil in FY2018 to $11 Bil in FY2020 and we expect it to increase to $14 Bil in FY2021
A Separate Interactive Dashboard Analysis On Corning's Revenues Details How The Company Makes Money.
Comparing Corning's Total Revenues with that of its Peers
Corning - Total Revenue
#2. Deriving Corning's Adjusted Net Income:
Corning's Adjusted Net Income has decreased from around $1.7 Bil in FY2018 to $1.2 Bil in FY2020 and we expect it to increase to $1.8 Bil in FY2021
This change is likely to be led by higher revenues and improved margins.
A Separate Interactive Dashboard Analysis On Corning's Margins Highlights The Company's Various Expenses Components In Detail.
Adjusted Net Income [AxB]
Adjusted Net Income Margin [A]
Total Revenue [B]
#3. Determining Corning's Adjusted EPS:
Corning's Adjusted EPS has decreased from $1.78 in FY2018 to $1.38 in FY2020 and we expect it to increase to $2.12 in FY2021
The change in EPS can be attributed to an increase in adjusted net income and a lower expected share count due to stock repurchases.
Adjusted EPS [A÷B]
Adjusted Net Income [A]
Shares Outstanding [B]
#4. Estimating Corning's Share Price:
Our Price Estimate of $50 For Corning's Stock is based on our Detailed Valuation Model, and implies a 23.6x P/E Multiple on expected FY2021 Adjusted EPS of $2.12
Trefis Price Estimate [AxB]
Adjusted EPS [A]
P/E Multiple [B]
Comparing Corning's Historical P/E Multiple with that of its Peers
Corning P/E Multiple