Corning reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.44 on revenue of $2.97B. Analysts polled by anticipated EPS of $0.4 on revenue of $2.88B. That compared to EPS of $0.51 on revenue of $3.05B in the same period a year earlier. The company had reported EPS of $0.45 on revenue of $2.99B in the previous quarter.
Corning follows other major Consumer/Non-Cyclical sector earnings this month
On October 22, Procter&Gamble reported first quarter EPS of $1.37 on revenue of $17.8B, compared to forecasts of EPS of $1.24 on revenue of $17.45B.
Coca-Cola earnings matched analysts' expectations on October 18, with third quarter EPS of $0.56 on revenue of $9.5B. analysts expected EPS of $0.56 on revenue of $9.43B
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