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Corning Q3 Core EPS Rises 28% YoY; Core Sales Up 16% - Quick Facts

(RTTNews) - Corning Inc. (GLW) reported third-quarter core earnings per share of $0.51 compared to $0.40, last year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.49 for the quarter. Analysts' estimates typically exclude special items.

Third-quarter core net sales were $3.05 billion compared to $2.64 billion, previous year. Analysts expected revenue of $3.01 billion for the quarter.

The company now expects sales to exceed $11.3 billion for the full year, and 42% gross margin in the fourth quarter as strength continues in all businesses.
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