Core-Mark Announces Third Quarter 2019 Financial Results
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Core-Mark Holding (CORE) Tops Q3 EPS by 4c; Lowers FY19 Revenue Guidance Below Consensus, Raises FY19 EPS Mid-Point Below Consensus
November 7, 2019 6:18 AM ESTCore-Mark Holding (NASDAQ: CORE) reported Q3 EPS of $0.60, $0.04 better than the analyst estimate of $0.56. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.47 billion.
Net Sales Increased 3.5% to $4.4 Billion, Non-Cigarette Sales Increased by 10.3% to $1.5 BillionGross Profit Increased 5.5% to $246.6 MillionDiluted EPS of $0.49, Net Income of $22.5 MillionYear-to-Date Net Income Increased 24% to $41.5 MillionAdjusted EBITDA of $59.2 Million(1)Dividend Increased by 9% to $0.12 Per Share Quarterly2019... More