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Tuesday, October 24, 2017

-=Corning (GLW) reported earnings on Tue 24 Oct 2017 (b/o)


  • Oct 19:  #9, 59;  vol. 3.4M, $30  +5%


Corning beats by $0.02, reports revs in-line
  • Reports Q3 (Sep) earnings of $0.43 per share, excluding non-recurring items, $0.02 better thanthe Capital IQ Consensus of $0.41; revenues rose 4.0% year/year to $2.61 bln vs the $2.59 bln Capital IQ Consensus.
  • Outlook: "Year-to-date achievements and fourth-quarter expectations are strong. We anticipate that every business segment will meet or beat the plan we set in January due to strong operating performance and early sales from our near-term growth investments."

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