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Banking Core-Mark: 2Q Earnings Snapshot

Core-Mark: 2Q Earnings Snapshot

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WESTLAKE, Texas (AP) _ Core-Mark Holding Co. (CORE) on Thursday reported second-quarter earnings of $16.9 million.
On a per-share basis, the Westlake, Texas-based company said it had net income of 38 cents. Earnings, adjusted for non-recurring costs, came to 52 cents per share.


The wholesale consumer products distributor posted revenue of $4.26 billion in the period.
Core-Mark expects full-year earnings in the range of $1.42 to $1.59 per share, with revenue in the range of $16.5 billion to $16.8 billion.
Core-Mark shares have risen 1% since the beginning of the year. The stock has decreased 20% 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 CORE at https://www.zacks.com/ap/CORE

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