Corning (GLW) Tops Q3 EPS by 2c

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Go back to Corning (GLW) Tops Q3 EPS by 2c

Corning Reports Third-Quarter 2018 Financial Results and Continued Progress on Strategy and Capital Allocation Framework

October 23, 2018 7:16 AM EDT

Sales growth of 16%, significant margin expansion, and improved full-year outlook

CORNING, N.Y.; OCTOBER 23, 2018 - Corning Incorporated (NYSE: GLW) today announced results for its third-quarter 2018 ended Sept. 30, 2018.

News Summary:
·         Excellent third-quarter results with year-over-year sales and profit growth in each of the company's businesses

-        GAAP and Core sales of $3 billion, up 15% and 16% respectively year over year

-        GAAP EPS of $0.67, up 72% year over year

-        Core EPS of $0.51,... More