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Corning Rising: Cuts Display Glass View on TVs, Sees Stronger Comms Sales

2015-07-28 15:41:23| Electronics - Topix.net

Shares of Corning are up 30 cents, or 1.6%, in early trading after the company this morning reported Q2 revenue that missed analysts' expectations, but beat by a penny on the bottom line, and cut its outlook for computer panel and TV panel glass demand, saying weakness will last the rest of the year. Revenue in the three months ended in June were roughly flat with the prior-year period to $2.52 billion, yielding EPS of 38 cents.

Tags: view sales display glass

 

Corning tops 2Q profit forecasts

2015-07-28 14:41:26| Electronics - Topix.net

On a per-share basis, the Corning, New York-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring costs, were 38 cents per share.

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Corning tops 2Q profit forecasts

2015-07-28 14:16:27| Telecom - Topix.net

On a per-share basis, the Corning, New York-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring costs, were 38 cents per share.

Tags: profit tops forecasts corning

 

What To Expect When Corning (GLW) Reports Earnings

2015-07-27 16:56:09| Electronics - Topix.net

Analysts expect Corning to report earnings of 37 cents a share and revenue of $2.54 billion for the second quarter. Corning reported earnings of 35 cents a share for the first quarter of 2015, above analysts' estimates of 34 cents a share.

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Consider Corning After This Year's Double-Digit Drop

2015-07-22 02:59:55| Chemicals - Topix.net

Corning is one of those companies that tends to "fly under the radar." It's usually cheap, despite generally strong underlying fundamentals over the last few years.

Tags: years drop corning doubledigit

 

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