newsmetry
rusign inget started
macro

Corning and Paccar lift third-quarter profits on higher revenue

Corning's third-quarter profit rose to $680 million and Paccar's to $847.5 million, while revenue at both companies grew more than 18% year on year, per TradingView.

published on Newsmetry
original source published

the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →

Newsmetry newsroom

what happened

Corning Inc. (GLW) posted third-quarter profit of $680 million, or $0.78 per share, up from $430 million, or $0.50 per share, a year earlier. Excluding items, adjusted earnings came to $795 million, or $0.91 per share. Revenue climbed 18.4% to $4.855 billion from $4.100 billion.

Paccar Inc. (PCAR) reported a bottom line of $847.5 million, or $1.61 per share, compared with $590.0 million, or $1.12 per share, last year. Revenue rose 20.8% to $7.377 billion from $6.106 billion. The figures come from TradingView, citing dpa-AFX and RTTNews.

Corning also issued guidance for the next quarter: earnings of $0.96 to $1.00 per share and revenue of $5.2 billion to $5.3 billion.

why it matters

For markets, the outlook matters as much as the quarter itself. Corning's next-quarter EPS guidance sits above its third-quarter GAAP figure of $0.78, pointing to further expected growth. Both reports show double-digit revenue expansion, which supports investor interest in the two stocks.

market impact

GLW and PCAR shares: stronger profit and revenue support the stocks, Corning's guidance sets a benchmark

  • Corning shares (GLW) pressure up — profit and revenue rose, and next-quarter guidance is above the current GAAP EPS
  • Paccar shares (PCAR) pressure up — profit rose about 51% and revenue 20.8% year on year

tags

EarningsStockUnited States

instruments

GLWPCAR

sources

  1. Corning Inc. Q3 Income Climbs — TradingView, 27 October 2026 at 11:36 UTC
  2. Paccar Inc. Q3 Income Climbs — TradingView, 27 October 2026 at 12:28 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.

get stories in real time ↗

related stories