— Corning Incorporated (NYSE: GLW) reported third-quarter 2019 earnings of $0.44 per share, vs. $0.39 per share expected.
— Net sales fell 2% to $2.9 billion, vs. $2.88 billion expected.
— Corning expects the full-year price decline to be a low-single digit percentage, compared to the prior expectation of a low-to-mid single digit percentage decline due to a favorable pricing environment.
— Environmental Technologies sales grew 20% YoY
— GLW shares were up 3.9% immediately following the announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Salesforce Q3 2024 earnings increase on higher revenues, beat estimates
Customer relationship management platform Salesforce, Inc. (NYSE: CRM) reported higher earnings and revenues for the third quarter of 2024. Earnings also topped expectations. Third-quarter profit, excluding non-recurring items, increased to
AutoZone (AZO) to report Q1 2024 earnings next week. Here’s what to expect
Auto parts retailer AutoZone, Inc. (NYSE: AZO) is preparing to report first-quarter results next week, after delivering better-than-expected quarterly earnings consistently in recent years. Analysts forecast an increase in profit
Key takeaways from Hormel Foods’ (HRL) Q4 2023 earnings report
Shares of Hormel Foods Corporation (NYSE: HRL) were down over 4% on Wednesday after the company delivered fourth quarter 2023 earnings results that fell below expectations. The stock has dropped