Corning (GLW) official guidance

As we've previously shared, in 2026, we're planning to invest approximately $2 billion in CapEx, primarily to support the growth in Optical Communications.

For the fourth quarter, we expect to grow sales about 19% year-over-year to a range of $5.2 billion-$5.3 billion, and to grow EPS by about 36% year-over-year to a range of $0.96 to $1.00.

We expect our free cash flow to grow through the planning cycle, even as we invest.

The drag, if you will, or the EPS or margin impact in the third quarter is similar to what we saw in the second quarter, and we would expect it to slowly improve from this level as we go through 2027.

In May of this year, we upgraded and extended our Springboard plan to grow our annualized sales run rate to $20 billion by the end of 2026, $30 billion by the end of 2028, and $40 billion by the end of 2030.

In May of this year, we upgraded and extended our Springboard plan to grow our annualized sales run rate to $20 billion by the end of 2026, $30 billion by the end of 2028, and $40 billion by the end of 2030.

In May of this year, we upgraded and extended our Springboard plan to grow our annualized sales run rate to $20 billion by the end of 2026, $30 billion by the end of 2028, and $40 billion by the end of 2030.

For the fourth quarter, we expect to grow sales about 19% year-over-year to a range of $5.2 billion-$5.3 billion, and to grow EPS by about 36% year-over-year to a range of $0.96 to $1.00.

We planned for our compound annual growth rate to increase to 19% beginning in 2027 through 2030, after already growing at a robust 15% CAGR for the first three years of Springboard.

In the fourth quarter, management expects to grow core sales approximately 19% year over year to a range of $5.2 billion to $5.3 billion and grow core EPS approximately 36% year over year to a range of $0.96 to $1.00.

Shifting to our outlook, in the third quarter, we expect sales to grow approximately 16% year-over-year to a range of $4.9 billion-$5 billion, and Core EPS to grow approximately 28% year-over-year to a range of $0.85-$0.89.

For the full year, we remain on track to generate significantly more free cash flow year-over-year while continuing to invest in our growth opportunities alongside our customers.

Our high-confidence plan is to grow sales to an annualized run rate of $27 billion by the end of 2028 and $35 billion by the end of 2030.

Our high-confidence plan is to grow sales to an annualized run rate of $27 billion by the end of 2028 and $35 billion by the end of 2030.

For the full year, we expect memory prices to impact the handheld market, with units to be down a mid-teens percentage.

You can expect us to continue to run at or above 20% operating margin, even as we continue to invest to capture all of the growth.

In our solar business, we expect sales and profit to improve beginning in the third quarter.

Based on our assumptions and our discussions and agreements with customers, we believe we have the opportunity for a $10 billion Market-Access Platform by 2030.

Shifting to our outlook, in the third quarter, we expect sales to grow approximately 16% year-over-year to a range of $4.9 billion-$5 billion, and Core EPS to grow approximately 28% year-over-year to a range of $0.85-$0.89.

In our solar business, we expect sales and profit to improve beginning in the third quarter.