CORNING, N.Y. (AP) _ Corning Inc. (GLW) on Wednesday reported fourth-quarter profit of $252 million.

The Corning, New York-based company said it had profit of 28 cents per share. Earnings, adjusted for non-recurring costs, came to 52 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.

The specialty glass maker posted revenue of $3.35 billion in the period. Its adjusted revenue was $3.33 billion.

For the year, the company reported profit of $512 million, or 54 cents per share. Revenue was reported as $11.45 billion.

For the current quarter ending in April, Corning said it expects revenue in the range of $3 billion to $3.2 billion. Analysts surveyed by Zacks had expected revenue of $2.92 billion.

Corning shares have increased slightly more than 3% since the beginning of the year, while the Standard & Poor's 500 index has climbed 2.5%. The stock has risen 30% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLW at https://www.zacks.com/ap/GLW

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