Corning raises 4th-qtr results view

Tue Nov 13, 2007 8:28am EST
 
[-] Text [+]

NEW YORK, Nov 13 (Reuters) - Corning Inc (GLW.N) raised its expectations for fourth-quarter sales and profit on Tuesday, boosted by strong sales of its liquid crystal display (LCD) glass used in flat-screen televisions.

Corning said it expects earnings per share before special items of 38 to 40 cents, compared with a previous view of 36 to 38 cents.

The company also raised its sales forecast to a range of $1.53 billion to $1.56 billion from a previous view of $1.5 billion to $1.55 billion. (Reporting by Michele Gershberg, editing by Gerald E. McCormick)

 

Companies In This Article

Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better