Corning (NYSE:GLW) reported its Q4 earnings results on Wednesday, January 26, 2022 at 07:15 AM.
Here's what investors need to know about the announcement.
Earnings
Corning beat estimated earnings by 3.85%, reporting an EPS of $0.54 versus an estimate of $0.52, which did not surprise analysts.
Revenue was up $386.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02, which was followed by a 3.25% drop in the share price the next day.
Here's a look at Corning's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.58 | 0.51 | 0.43 | 0.48 |
EPS Actual | 0.56 | 0.53 | 0.45 | 0.52 |
Revenue Estimate | 3.63B | 3.40B | 3.13B | 3.19B |
Revenue Actual | 3.64B | 3.50B | 3.26B | 3.33B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.