Cantor Fitzgerald Comments on Weakness in Corning (GLW) Stock
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Corning, Inc. (GLW) Misses Q2 EPS by 1c
July 29, 2014 7:12 AM EDTCorning, Inc. (NYSE: GLW) reported Q2 EPS of $0.37, $0.01 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.53 billion.
Wendell P. Weeks, chairman, chief executive officer and president, said, "We had great results in the quarter that led to our seventh consecutive year-over-year quarterly core earnings improvement. We have positive momentum, and we are well-positioned to deliver on our 2014 business plan.
"We are particularly pleased with the improved performance in... More
