Core-Mark Announces Third Quarter 2018 Financial Results

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Core-Mark Holding (CORE) PT Lowered to $36 at Stephens Following 3Q

November 7, 2018 8:14 AM EST

Stephens analyst Ben Bienvenu lowered the price target on Core-Mark Holding (NASDAQ: CORE) to $36.00 (from $40.00) while maintaining an Overweight rating following the company's 3Q. CORE reported 3Q revenue of $4.27 bil., vs. consensus estimates of $4.46 bil. Adjusted FIFO EPS was $0.63, compared with consensus estimates of $0.44, and... More

Core-Mark Holding (CORE) Tops Q3 EPS by 18c, Revenues Miss; Lifts FY18 EPS Outlook, Lowers FY18 Revenue Guidance

November 6, 2018 8:33 AM EST

Core-Mark Holding (NASDAQ: CORE) reported Q3 EPS of $0.63, $0.18 better than the analyst estimate of $0.45. Revenue for the quarter came in at $4.27 billion versus the consensus estimate of $4.46 billion.

Our third quarter profitability was strong as we were able to expand margins, capitalize on a... More