09:21 AM EDT, 04/30/2024 (MT Newswires) -- Corning (GLW) reported Q1 core earnings Tuesday of $0.38 per share, down from $0.41 a year earlier.

Analysts polled by Capital IQ expected $0.35.

Net sales for the quarter ended March 31 were $2.98 billion, compared with $3.18 billion a year earlier.

Comparable estimates were not readily available.

The company said it expects Q2 core earnings to range between $0.42 and $0.46 per share. Analysts surveyed by Capital IQ expect $0.44.

Shares of the company were up 4.4% in Tuesday premarket activity.

Price: 33.19, Change: +1.41, Percent Change: +4.43