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Corning Incorporated (NYSE:GLW) is expected to release last fiscal quarter's results before the opening bell on January 25, 2012. Let's take a look at how Corning Incorporated has done in recent quarters.

Corning Incorporated manufactures and processes specialty glass and ceramics products worldwide. It operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. The company was founded in 1851 and is based in Corning, New York. GLW trades an average of 14.8 million shares per day.

52 Week High: $23.43
52 Week Low: $11.51
Book Value: $13.79
Float Short: 1.16%

On average, 18 analysts are expecting a drop of $-0.16 in earnings per share compared to last quarter's results of $0.48. The reporting quarter's estimated mean earnings are $0.32 per share. Analyst estimates range between $0.25 and $0.37 per share.

One may not immediatly related Corning with technology, but the company is a major supplier of flat pannel monitor components (among other products). the chart does not look happy overall but has been moving up nicely since the start of the year. If you just bought Corning you're likely very happy. Otherwise, life has not been so clear for Corning shareholders. After putting in a major support testing bottom during the end of September and early October the stock has largely trended sideways with a $3.00 sideways price channel. Fellow author Tom Armistead provides a well written review of the company financials earlier this month and is worth reading. You can see it by clicking here. I share Mr. Armistead's bullish view and given the dividend payout of over 2% will help you sit on the shares over time, this one is worth a second look.

Revenue year-over-year has increased to $6.63 billion for 2010 vs. $5.40 billion for 2009. The bottom line has rising earnings year-over-year of $3.56 billion for 2010 vs. $2.01 billion for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $1.80 billion for 2010 vs. $391.00 million for 2009.Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue.
paid2trade.com revenue gross bar chart for GLW

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-YearRevenue EstimatesActual$ DifferenceDifference %
Sep-11$ 2.02 B$ 2.08 B$ 59.04 M2.93%
Jun-11$ 1.97 B$ 2.00 B$ 39.67 M2.02%
Mar-11$ 1.83 B$ 1.92 B$ 95.31 M5.21%
Dec-10$ 1.62 B$ 1.76 B$ 145.49 M8.98%
Sep-10$ 1.61 B$ 1.60 B$ -10.27 M-0.64%

M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)
paid2trade.com Quarterly Estimates And Actual EPS results GLW
Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for GLW
paid2trade.com short interest tool. The total short interest number of shares for GLW

The number of days to cover short interest based on average daily trading volume for GLW.
paid2trade.com number of days to cover short interest based on average daily trading volume for GLW TE Connectivity Ltd. (NYSE:TEL) is anticipated to report earnings before the opening bell on January 25, 2012.

TE Connectivity Ltd. engages in the design and manufacture of products that connect and protect the flow of power and data inside various products used by consumers and industries. The company is based in Schaffhausen, Switzerland. TEL trades an average of 2 million shares per day.

52 Week High: $38.59
52 Week Low: $26.58
Book Value: $17.64
Float Short: 0.71%

On average, 11 analysts are expecting a drop of $-0.19 in earnings per share compared to last quarter's results of $0.89. The reporting quarter's estimated mean earnings are $0.70 per share.Analyst estimates range between $0.66 and $0.71 per share.

The current trailing twelve months P/E ratio is 11.6. The forward P/E ratio is 11.01. TE is another technology stock I am bullish with along with the majority of analysts according to Zacks. The all important 200 day moving average to technical traders was broken again for a second time (bullish) and is just now turning upward. The slower moving averages appear to be ready to break through as well signalling further upside is likely. The stock is highly volatile though and one way to mitigate some of the stress is to write covered calls or simply enter in by shorting put options.

Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $14.31 billion for 2011 vs. $12.07 billion for 2010. The bottom line has rising earnings year-over-year of $1.25 billion for 2011 vs. $1.10 billion for 2010.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $1.74 billion for 2011 vs. $1.52 billion for 2010.Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue.
paid2trade.com revenue gross bar chart for TEL

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-YearRevenue EstimatesActual$ DifferenceDifference %
Sep-11$ 3.93 B$ 3.91 B$ -22.58 M-0.57%
Jun-11$ 3.56 B$ 3.73 B$ 170.44 M4.79%
Mar-11$ 3.50 B$ 3.47 B$ -27.79 M-0.79%
Dec-10$ 3.16 B$ 3.20 B$ 41.90 M1.33%
Sep-10$ 3.10 B$ 3.14 B$ 38.45 M1.24%

M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)
paid2trade.com Quarterly Estimates And Actual EPS results TEL
Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for TEL
paid2trade.com short interest tool. The total short interest number of shares for TEL

The number of days to cover short interest based on average daily trading volume for TEL.
paid2trade.com number of days to cover short interest based on average daily trading volume for TEL

Thank you for reading my article. Please also feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

Source: Earnings Preview: Corning And TE Connectivity Report Results Wednesday