Vollständige Version anzeigen : Corning .... 34 cents gemeldet
CORNING Q4 EARNS 34 CENTS VS 18 CENTS YR AGO QTR
CORNING Q4 EARNS 34 CENTS VS EXPECTED 28 CENTS
CORNING Q4 REVENUE $2.1 BLN VS $1.4 BLN YR AGO QTR
Ralph
CORNING SEES WIDER Q1 EARNS 28C TO 31C VS EXPECTED 29C TO 30C
Ralph
CORNING COMFORTABLE WITH '01 EARNS $1.40 TO $1.43 http://www.abt-edv.com/Board/smilies/confused.gif .... die heben doch die Q-Earnings an !
CORNING SEES '01 SALES AT LEAST $9 BLN
CORNING SEES Q1 REVENUE $1.9 BLN TO $2 BLN
Ralph
CORNING SAYS SEVERAL CUSTOMERS EXPECT ORDER RATE LOWER, MORE UNEVEN THAN EXPECTED
Ralph
Corning Easily Beats Estimates
By TSC Staff
1/24/01 4:29 PM ET
Corning (GLW:NYSE - news) reported fourth-quarter earnings that easily beat analysts' expectations, a result the company attributed to strong demand for its high-data-rate optical fiber and other optical communications products.
Fourth-quarter earnings rose to $314.6 million, or 34 cents a share. According to First Call/Thomson Financial, analysts expected the company to earn 28 cents. The Corning, N.Y., optical networking company earned $142.2 million, or 18 cents a share, in the year-ago fourth-quarter.
Sales rose 52% to $2.1 billion from $1.4 billion last year.
For the first quarter the company expects the telecommunications market "to experience some softness due to ongoing issues with capital availability. Several customers in both our optical fiber and photonic technologies businesses have recently indicated that their order rate may be lower and more uneven than previously expected in the first half of the year."
The company added that "with the weak retail environment, we expect our customers to adjust their inventory levels of finished LCD monitors in the first quarter." As a result, the company said it now expects earnings for the first quarter of 28 cents to 31 cents a share. Corning previously expected income of 29 cents to 30 cents. With this new range, earnings per share would be up 20% to 35% from the prior year, the company said.
Corning also projected first-quarter sales of $1.9 billion to $2 billion. The company reaffirmed its earnings guidance of $1.40 to $1.43 a share for 2001 and said it expects sales to reach $9 billion for the year. According to First Call, Wall Street expects Corning to earn 30 cents in the first quarter and $1.43 for the full year.
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Ralph
Heute kriegt Corning so richtig eins auf die Mütze.
Was hat Corning heute gesagt ? Was hat jeden so nervös gemacht ?
Corning hat das gleiche gesagt, wie vor kurzem John Chambers von Cisco. Wenn GLW auch etwas positiver war, als Cisco. Aber an wen verkauft Corning ?
Nun, an genau diesselben Abnehmer wie Cisco. Und was führte GLW als Grund für die Schwäche an ? Genaus diesselben Gründe, die auch Chambers für die Schwäche verantwortlich machte.
Wer im Moment die Schwäche von GLW handeln kann, der kann dies auch mit Cisco (bzw. was auf Cisco noch wartet) tun.
Wer den Schmerz mit GLW erträgt, der kann eine Cicso sogar jetzt kaufen (er sollte man schon Ansätze von Lawrence von Arabien in sich finden, um dies zu tun)
Andere sollten die Warnungen von GLW beherzigen und warten .... oder die Finger weg lassen !
Ralph
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