Corning Announces Third-Quarter 2016 Financial Performance
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Drexel Hamilton Reiterates Sell on Corning (GLW) Following Solid 3Q
October 25, 2016 12:59 PM EDTDrexel Hamilton reiterated a Sell rating and $14.50 price target on Corning (NYSE: GLW) following the company's 3Q earnings report. Corning reported core sales of $2.548 billion that beat the consensus estimate of $2.52 billion, while core EPS of $0.42 also beat consensus estimates of $0.38. For 4Q, Drexel Hamilton... More
Corning (GLW) Tops Q3 EPS by 4c
October 25, 2016 7:12 AM EDTCorning (NYSE: GLW) reported Q3 EPS of $0.42, $0.04 better than the analyst estimate of $0.38. Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.52 billion.
"Corning's strong third-quarter results reflect the increasing momentum that we expected in the second half... More
