Technology | Diversified Electronics | USA
Corning Gains as Earnings Beat Estimates, Sales Rise
The maker of Gorilla Glass posts growth in sales and earnings per share over both the quarter and the year.
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The company -- which has over the decades made glass products for cooking, spacecraft and smartphones -- posted fourth-quarter earnings per share of 59 cents, up 28% from the same time last year and beating Zacks Consensus Estimate by two cents. Fourth-quarter sales were also up, reaching $3.1 billion -- a 15% year-over-year increase.
For all of 2018, "core" sales rose to $11.4 billion, and earnings per share improved to $1.78 -- both year-over-year increases of 11%.
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https://www.thestreet.com/markets/cornin...yptr=yahoo
Corning Gains as Earnings Beat Estimates, Sales Rise
The maker of Gorilla Glass posts growth in sales and earnings per share over both the quarter and the year.
...
The company -- which has over the decades made glass products for cooking, spacecraft and smartphones -- posted fourth-quarter earnings per share of 59 cents, up 28% from the same time last year and beating Zacks Consensus Estimate by two cents. Fourth-quarter sales were also up, reaching $3.1 billion -- a 15% year-over-year increase.
For all of 2018, "core" sales rose to $11.4 billion, and earnings per share improved to $1.78 -- both year-over-year increases of 11%.
...
https://www.thestreet.com/markets/cornin...yptr=yahoo