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Corning Inc (NYSE:GLW)
Non-Recurring Items
$650 Mil (TTM As of Jun. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Corning Inc's non-recurring items for the three months ended in Jun. 2016 was $1,490 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2016 was $650 Mil.

As of today, Corning Inc's share price is $22.83. Corning Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2016 was $1.84. Therefore, Corning Inc's P/E (NRI) ratio for today is 12.41.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Corning Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Jun. 2016 was -142 (Sep. 2015 ) + 116 (Dec. 2015 ) + -814 (Mar. 2016 ) + 1490 (Jun. 2016 ) = $650 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Corning Inc's P/E (NRI) Ratio for today is calculated as

Corning Inc's Share Price of today is $22.83.
Corning Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2016 was 0.15 (Sep. 2015 ) + 0.18 (Dec. 2015 ) + -0.36 (Mar. 2016 ) + 1.87 (Jun. 2016 ) = $1.84.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Corning Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Non Operating Income 73147-231,6062,1421,5898931,2141,734283

Corning Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Non Operating Income 184-93815828106203-142116-8141,490
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