Core-Mark Announces Second Quarter 2020 Financial Results

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Core-Mark Holding (CORE) Tops Q2 EPS by 8c, Revenues Beat; Provides Revised FY20 EPS/Revenue Guidance

August 6, 2020 6:31 AM EDT

Core-Mark Holding (NASDAQ: CORE) reported Q2 EPS of $0.38, $0.08 better than the analyst estimate of $0.30. Revenue for the quarter came in at $4.26 billion versus the consensus estimate of $4.09 billion.

Second Quarter Net Sales decreased 1.7% to $4.26 BillionReduced operating expenses by 10.8% to $187.7 MillionNet Income of $16.9 Million, Diluted EPS at $0.38 per shareAdjusted EBITDA of $52.5 Million(1) versus $53.5 Million Last YearAnnounced $0.12 Dividend Payable September 18, 2020Provides Updated Guidance for Full Year 2020

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