Corning: Q3 Earnings Snapshot

CORNING, N.Y. (AP) — CORNING, N.Y. (AP) — Corning Inc. (GLW) on Tuesday reported third-quarter earnings of $680 million.

On a per-share basis, the Corning, New York-based company said it had profit of 78 cents. Earnings, adjusted for non-recurring costs, came to 91 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The specialty glass maker posted revenue of $4.86 billion in the period. Its adjusted revenue was $5.08 billion, also topping Street forecasts. Three analysts surveyed by Zacks expected $5.03 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLW at https://www.zacks.com/ap/GLW

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