Corning (GLW) PT, Estimates Cut at Cantor Fitzgerald Post Q2
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Corning (GLW) Tops Q2 EPS by 1c
July 28, 2015 7:11 AM EDTCorning (NYSE: GLW) reported Q2 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.54 billion.
"We began 2015 with a clear set of priorities to drive Corning's continued success. Our second-quarter performance clearly demonstrates that we are executing to our plan," Wendell P. Weeks, chairman, chief executive officer and president, said. "Our businesses are delivering strong results as evidenced by the 7 percent year-over-year core earnings growth. And our share repurchase program has leveraged the earnings growth into 12 percent core EPS growth. Our first-quarter... More
