Core-Mark Holding Company, Inc. (NASDAQ:CORE) is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.49 per share.
For the full year, analysts predict revenues of $ 16666.70 million, while looking forward to income of $ 1.55 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 16,500.00 million ~ $ 16,800.00 million, where as bottomline are predicted in a range of $ 1.42 ~ $ 1.59 per share
Click Here For More Historical Outlooks Of Core-Mark Holding Company, Inc.
Previous Quarter Performance
Core-Mark Holding Company, Inc. posted income for the second quarter of $ 0.52 per share, from the revenue of $ 4,264.00 million. The quarterly earnings raised 4.00 percent while revenues reduced 1.73 percent compared with the same quarter last year.
According to street consensus, CORE was expected to report 2Q20 income of $ 0.30 per share from revenue of $ 4091.80 million. The bottom line results beat street analysts by $ 0.22 or 73.33 percent, at the same time, top line results outshined analysts by $ 172.20 million or 4.21 percent.
Stock Performance
Shares of Core-Mark Holding Company, Inc. traded up $ 0.15 or 0.51 percent on Wednesday, reaching $ 29.40 with volume of 164.90 thousand shares. Core-Mark Holding Company, Inc. has traded high as $ 29.72 and has cracked $ 28.62 on the downward trend
The closing price of $ 29.40, representing a 39.68 % increase from the 52 week low of $ 20.94 and a 15.02 % decrease over the 52 week high of $ 34.42.
The company has a market capital of $ 1.33 billion and is part of the Consumer Defensive sector and Food Distribution industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.12 per share on August 6, 2020. The dividend were payable on September 18, 2020 to holders of record as of the close of business on August 21, 2020 and ex-dividend date on August 20, 2020.
Conference Call
Core-Mark Holding Company, Inc. will be hosting a conference call at 9:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.core-mark.com
Core-Mark Holding Company, Inc. markets fresh and broad-line supply solutions to the convenience retail industry. The company sells and distributes food products, including fast food, candies, snacks, and groceries, as well as beverages and fresh products, such as sandwiches, juices, salads, produce, dairy, and bread; and non-food products comprising cigars, tobacco, alternative nicotine products, health and beauty care products, and general merchandise and equipment.
