Core-Mark Holding (CORE) Tops Q3 EPS by 11c, Revenues Beat; Raises FY20 EPS/Revenue Guidance Above Consensus

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Go back to Core-Mark Holding (CORE) Tops Q3 EPS by 11c, Revenues Beat; Raises FY20 EPS/Revenue Guidance Above Consensus

Core-Mark Announces Third Quarter 2020 Financial Results and Raises Guidance for Full Year 2020

November 5, 2020 6:00 AM EST

Third Quarter Net Sales Increased 1.8% to $4.50 BillionReduced operating expenses by 5.9% to $200.2 MillionNet Income of $23.0 Million, Diluted EPS at $0.51 per share Adjusted EBITDA of $59.3 Million(1) versus $59.2 Million Last YearIncreases Dividend by 8% to $0.13 per share quarterlyRaises 2020 Guidance for Diluted EPS to $1.17 and Adjusted EBITDA to $188 Million at Midpoint

WESTLAKE, Texas, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Core-Mark Holding Company, Inc. (NASDAQ: CORE) (the Company), one of the largest marketers of fresh,... More