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Corning's Q3 Core Earnings, Sales Increase; Q4 Guidance Issued
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Corning's Q3 Core Earnings, Sales Increase; Q4 Guidance Issued
Nov 3, 2024 1:37 PM

07:58 AM EDT, 10/29/2024 (MT Newswires) -- Corning (GLW) reported core Q3 earnings Tuesday of $0.54 per share, up from $0.45 a year earlier.

Analysts surveyed by Capital IQ expected $0.52.

Net sales for the quarter were $3.39 billion, up from $3.17 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.72 billion.

For Q4, the company expects core EPS of $0.53 to $0.57 on revenue of about $3.75 billion. Analysts polled by Capital IQ expect EPS of $0.52 on revenue of $3.65 billion.

Shares of Corning were up more than 7% in recent pre-bell Tuesday.

Price: 50.26, Change: +3.42, Percent Change: +7.30

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