Corning Exceeds Q3 Expectations and Forecasts Strong Q4 Performance
Corning reported third-quarter non-GAAP EPS of $0.91 and revenue of $5.08 billion, both surpassing analyst estimates. The company also issued optimistic guidance for the fourth quarter, projecting sales between $5.2 billion and $5.3 billion and EPS in the range of $0.96 to $1. These financial updates, sourced from Corning's own reports, led to a gain in Corning's shares.
3 articles from 1 outlet covered this story. The underlying claim is sourced from a press release.
What do all outlets agree on?
1 outlet covered “Corning Exceeds Q3 Expectations and Forecasts Strong Q4 Performance”. All of them report the following:
- Corning's Q3 Non-GAAP EPS was $0.91
- Corning's Q3 revenue was $5.08 billion
- Corning's Q3 earnings beat analyst estimates by $0.03
- Corning's Q3 revenue beat analyst estimates by $50 million
- Corning projects Q4 sales between $5.2 billion and $5.3 billion
- Corning projects Q4 EPS between $0.96 and $1
- Corning's Springboard run rate moved past $20 billion
- Corning shares gained on the Q4 profit guide beat
Which outlets covered this?
All 3 articles found on this story, grouped by the stance of the piece. Every link goes to the original publisher.
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