Corning Reports Third-Quarter 2020 Results
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Corning (GLW) Tops Q3 EPS by 7c, Revenues Beat
October 27, 2020 7:16 AM EDTCorning (NYSE: GLW) reported Q3 EPS of $0.43, $0.07 better than the analyst estimate of $0.36. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.93 billion.
GAAP and core sales were $3.0 billion.Core sales increased 16% sequentially, led by Environmental Technologies and Specialty Materials, which had sequential growth of 68% and 37%, respectively.Core sales grew 1% year over year, led by Specialty Materials and Display Technologies, which had year-over-year growth... More