Corning Beats Q4 Estimates

Corning reported better-than-expected results driven by its Optical Communications segment, but challenges remain in its Environmental Technologies business.Corning (GLW -2.10%), a leader in specialty glass and ceramics, announced its fourth-quarter results for 2024 on Jan. 29. Highlights included earnings per share (EPS) of $0.57, beating expectations by $0.01, and revenue of $3.87 billion, surpassing estimates of $3.76 billion. While it exceeded both management and analysts' expectations, challenges exist ...