Corning Backs Guidance

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