Corning: Q4 Earnings Insights

Corning: Q4 Earnings Insights

 

Corning 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.

Posted In: BZI-RecapsEarningsNews