Corning reported third-quarter 2026 results before the market opened, with core sales of $5.08 billion, above analysts' expectations of $5.03 billion, and core EPS of $0.91 versus the $0.88 anticipated. Core sales rose 19% year over year, but the solar business posted $436 million in revenue, down from $438 million in Q2 2026, and a $7 million net loss, compared with $30 million in net income in the same period of 2025. Shares, which had fallen as much as 4.7% earlier, were down 1% as of 1:08 p.m. ET. The article notes management had expected solar revenue and profitability to improve in Q3, and that Corning projects fourth-quarter sales growth of about 19% and EPS growth of 36% year over year. With shares trading at 30.8 times forward earnings, the article suggests investors may consider waiting for a further pullback.
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