Corning 1Q earns slip, revenue surges
Updated 10:48 p.m., Thursday, April 28, 2011
Corning Reports Strong Revenue Growth
5/2/2011Corning Inc’s (GLW) first quarter 2011 earnings beat the Zacks Consensus Estimate by 4 cents, or 9.1%. Revenue growth was also strong, exceeding the Zacks Consensus by 5.3%. The revenue growth and margin expansion helped offset a higher tax rate to deliver the results in the last quarter.