Corning: Q1 Earnings Insights

Corning 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.

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.

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.

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