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Corning backs 3Q 2007 guidance

Corning Inc. backed its previous 3Q earnings guidance of USD 0.34 to USD 0.37 a share on revenue of USD 1.53 billion to USD 1.58 billion.
On average, analysts expect earnings per-share of USD 0.36 on…

Corning Inc. backed its previous 3Q earnings guidance of USD 0.34 to USD 0.37 a share on revenue of USD 1.53 billion to USD 1.58 billion. On average, analysts expect earnings per-share of USD 0.36 on revenue of USD 1.55 billion, according to a poll by Thomson Financial. The Corning, New York, specialty glass and ceramics company said if the current exchange rate between the US dollar and the Japanese yen continues, it could positively impact per-share earnings by USD 0.01.

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