Post-earnings recap
Reported
Wed, Jul 25, 2012
Est. EPS
—
Est. revenue
—
Implied move
—
EPS beat rate
100%
Corning's second-quarter earnings report showed a slight miss on EPS, which contributed to a significant drop in the stock price by 7.71%. Investors may be concerned about the lack of revenue data and guidance, indicating uncertainty about the company's future performance. The market's reaction suggests that investors were expecting stronger results.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.31 | N/A | -2.52% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based on numerical results only.
—
Est. EPS
—
Est. Rev
—
Impl. Move
—