Corning Q3 2024 Adj EPS $0.54 Beats $0.52 Estimate, Sales $3.73B Beat $3.72B Estimate
Portfolio Pulse from Benzinga Newsdesk
Corning reported Q3 2024 earnings of $0.54 per share, surpassing the $0.52 estimate, and sales of $3.73 billion, exceeding the $3.72 billion estimate. This marks a 20% increase in EPS and a 7.92% increase in sales compared to the previous year.
October 29, 2024 | 11:12 am
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Corning's Q3 2024 earnings and sales exceeded analyst expectations, with a 20% increase in EPS and a 7.92% increase in sales year-over-year.
Corning's earnings and sales both exceeded analyst expectations, which is typically viewed positively by investors. The significant year-over-year growth in both EPS and sales further supports a positive short-term impact on the stock price.
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