Utilities·Gas Utilities·$5.6B
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.84 | N/A | -57.75% |
| Revenue | N/A | N/A | N/A |
management commentary, guidance changes, and full analysis available with Pro.
| EPS | $0.84 | N/A | -57.75% |
| Revenue | N/A | N/A | N/A |
Tone: Cautiously Optimistic
Management expressed a cautious optimism about the company's ability to manage through current challenges. They emphasized the importance of operational efficiency.
We are navigating through challenging market conditions.
Our focus remains on operational efficiency and cost management.
The earnings report indicates that New Jersey Res Corp faced significant challenges, resulting in a notable EPS miss. Despite this, the stock rose by 2.01%, likely due to investor sentiment and market conditions rather than the earnings results. The management's focus on efficiency may have reassured some investors.
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CORNING INC
Apr 27, 2009