Corning (NYSE:GLW) reported its Q1 earnings results on Tuesday, April 26, 2022 at 07:15 AM.
Here's what investors need to know about the announcement.
Earnings
Corning beat estimated earnings by 8.0%, reporting an EPS of $0.54 versus an estimate of $0.5.
Revenue was up $481.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 3.36% increase in the share price the next day.
Here's a look at Corning's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.52 | 0.58 | 0.51 | 0.43 |
| EPS Actual | 0.54 | 0.56 | 0.53 | 0.45 |
| Revenue Estimate | 3.59B | 3.63B | 3.40B | 3.13B |
| Revenue Actual | 3.71B | 3.64B | 3.50B | 3.26B |
To track all earnings releases for Corning visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
