Corning (GLW) Tops Q4 EPS by 2c
Corning (NYSE: GLW) reported Q4 EPS of $0.59, $0.02 better than the analyst estimate of $0.57. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.01 billion.
"We had another outstanding quarter, and our full-year results exceeded our expectations," said Tony Tripeny, executive vice president and chief financial officer. "In 2018, we did what we said we were going to do, which was to expand our manufacturing capacity in the first half and begin leveraging those growth investments in the second half. In 2019, we expect to build on this momentum and keep growing across all of our businesses."
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