Shares of Corning (NYSE:GLW) moved higher by 0.7% in pre-market trading after the company reported Q4 results.
Earnings per share increased 13.04% over the past year to $0.52, which beat the estimate of $0.48.
Revenue of $3,328,000,000 rose by 16.73% from the same period last year, which beat the estimate of $3,190,000,000.
Corning said it sees Q1 EPS of $0.40-$0.44 and sales of $3 billion-$3.2 billion.
How To Listen To The Conference Call
Date: Jan 27, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/waiq6w57
52-week high: $38.84
Company’s 52-week low was at $17.44
Price action over last quarter: Up 18.03%
Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.