Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
BUZZ - Corning shares rise as quarterly sales and profits exceed expectations

BUZZ - Corning shares rise as quarterly sales and profits exceed expectations

路透社路透社2026/10/27 11:28
Show original

- ** Specialty glass manufacturer Corning GLW.N shares rose 3.2% in pre-market trading to $131.85

** The company expects (link) adjusted sales in the fourth quarter to increase by about 19% year-on-year, reaching between $5.2 billion and $5.3 billion, while analysts' average forecast is $5.21 billion—data compiled by LSEG

** Adjusted earnings per share are expected to be between $0.96 and $1, higher than the anticipated $0.94

** The report shows third quarter sales rose 19% year-on-year to $5.08 billion, above the expected $5.02 billion

** As of the close of the last trading day, the stock had risen 45.9% year-to-date


(To facilitate non-English native speakers, Reuters provides automatic translations of its reports into several other languages. Since automated translation may contain errors or lack required context, Reuters does not guarantee the accuracy of the automated translation text, and provides it solely for readers' convenience. Reuters assumes no liability for any damage or loss caused by the use of the automated translation feature.)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Unable to recover 817 bitcoin, Datavault AI (DVLT.US) stock price slashed in half

Datavault AI has confirmed that it has been unable to withdraw Bitcoin from Biconomy since June, resulting in a failed asset transfer and forcing the company to restate its financial reports. As a result, its share price plummeted by 49.55% in a single day, and its book assets are expected to shrink significantly.

智通财经•2026/10/28 07:20
Unable to recover 817 bitcoin, Datavault AI (DVLT.US) stock price slashed in half

Surging global demand drives increased production, US natural gas giants expect record high output this year

With global demand surging, U.S. energy companies are expected to reach a record high in natural gas production by 2026.

智通财经•2026/10/28 07:12

TPG (TPG.US) reportedly in talks to acquire UK data center Ark, valued at around 5 billions USD

According to sources familiar with the matter, TPG is in talks with Elliott Investment Management to acquire the UK data center company Ark at a valuation of approximately $5 billion.

智通财经•2026/10/28 07:12
TPG (TPG.US) reportedly in talks to acquire UK data center Ark, valued at around 5 billions USD