financetom
Business
financetom
/
Business
/
Corning's Q2 Core Earnings, Net Sales Rise; Issues Q3 Earnings Guidance -- Shares Fall Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Corning's Q2 Core Earnings, Net Sales Rise; Issues Q3 Earnings Guidance -- Shares Fall Pre-Bell
Jul 30, 2024 5:21 AM

07:58 AM EDT, 07/30/2024 (MT Newswires) -- Corning (GLW) reported Q2 core earnings Tuesday of $0.47 per share, up from $0.45 a year earlier.

Analysts polled by Capital IQ expected $0.47.

Net sales for the quarter ended June 30 were $3.25 billion, up from $3.24 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.58 billion

The specialty glass and ceramics company said it expects Q3 core earnings to be in the range of $0.50 to $0.54 per share. Analysts surveyed by Capital IQ expect $0.55.

Corning shares fell 5.7% in recent Tuesday premarket activity

Price: 40.26, Change: -2.42, Percent Change: -5.67

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tesla strike in Sweden continues, union says, contradicting Musk
Tesla strike in Sweden continues, union says, contradicting Musk
Apr 10, 2024
STOCKHOLM/OSLO, April 10 (Reuters) - A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, continues to disrupt operations, a union said on Wednesday, and is drawing scrutiny from investors despite Elon Musk saying the storm is over. For months Tesla has been under pressure in the Nordics, with sympathy actions since October backing Swedish IF Metall's...
Marin Software Stock Is Soaring Wednesday: What's Going On?
Marin Software Stock Is Soaring Wednesday: What's Going On?
Apr 10, 2024
Shares of cloud-based digital advertising management company Marin Software Inc ( MRIN ) are trading higher Wednesday after the company announced upgrades to its Microsoft Corp ( MSFT ) advertising integration. What Happened: After the market close on Tuesday, Marin announced upgrades to its integration with Microsoft Advertising that connects Microsoft's ( MSFT ) intelligent Automated Bidding and first-party conversion data with...
Market Chatter: Shell's Former CEO Says European Energy Firms at Disadvantage to US-Listed Rivals
Market Chatter: Shell's Former CEO Says European Energy Firms at Disadvantage to US-Listed Rivals
Apr 10, 2024
08:31 AM EDT, 04/10/2024 (MT Newswires) -- Shell's (SHEL) former Chief Executive Ben van Beurden said Shell and other European oil and gas companies are at a disadvantage to their US-listed rivals, Reuters reported Tuesday. A deeper pool of investors and capital in New York and a more positive attitude toward oil and gas companies there conspires against companies listed...
BRIEF-Silo Pharma Set To Acquire Exclusive Licensing For Alzheimer's Disease Therapeutic From Columbia University
BRIEF-Silo Pharma Set To Acquire Exclusive Licensing For Alzheimer's Disease Therapeutic From Columbia University
Apr 10, 2024
April 10 (Reuters) - Silo Pharma Inc ( SILO ): * SILO PHARMA SET TO ACQUIRE EXCLUSIVE LICENSING FOR PROMISING ALZHEIMER'S DISEASE THERAPEUTIC * SILO PHARMA INC ( SILO ) - COMPANY EXPECTS TO FINALIZE AND ENTER INTO EXCLUSIVE LICENSE AGREEMENT IN FIRST HALF OF 2024 * SILO PHARMA INC ( SILO ) - BELIEVES THAT SPC-14 SHOULD BE ELIGIBLE...
Copyright 2023-2026 - www.financetom.com All Rights Reserved