Corning: Buy or Sell After Q3 Report?

Filed under: Earnings Reports, Corning Inc (GLW)

Corning Incorporated (GLW) issued Q3 numbers earlier today. The market decided to give the stock a boost after digesting the data, but results were somewhat mixed.



The press release says that adjusted profit increased over 20% to 51 cents per share. This was in comparison to last year's performance. On a sequential basis, per-share income actually declined 12%. Also, according to this summary from Briefing.com, expectations were set at 52 cents per share. If only the management team could have delivered an extra penny or two. Can't always happen, my investing friends.

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Corning: Buy or Sell After Q3 Report? originally appeared on BloggingStocks on Mon, 01 Nov 2010 18:00:00 EST. Please see our terms for use of feeds.

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