Corning – Strong Quarter Continues A Strong Year

Q3 Earnings A strong quarter for Corning continues a strong year!  Corning reported their Q3 earnings yesterday (Oct-25-2016).  Some highlights (from seekingalpha, here and here) Corning (NYSE:GLW): Q3 EPS of $0.42 beats by $0.04. Revenue of $2.55B (+4.1% Y/Y) beats by $30M. Results – revenue $2.55B (+4.1% Y/Y, $30M above consensus), EPS $0.42 (+24% Y/Y, +14% Q/Q; $0.04 above consensus) Segment revenues breakdown – Core Sales for Display Technologies grew 7% Q/Q,…

Read More