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Core-Mark: 2Q Earnings Snapshot

August 7, 2019

SOUTH SAN FRANCISCO, Calif. (AP) _ Core-Mark Holding Co. (CORE) on Wednesday reported second-quarter net income of $17.7 million.

On a per-share basis, the South San Francisco, California-based company said it had profit of 38 cents. Earnings, adjusted for non-recurring costs, came to 50 cents per share.

The wholesale consumer products distributor posted revenue of $4.34 billion in the period.

Core-Mark expects full-year earnings in the range of $1.50 to $1.60 per share, with revenue in the range of $16.8 billion to $17 billion.

Core-Mark shares have increased 51% since the beginning of the year. The stock has risen 40% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CORE at https://www.zacks.com/ap/CORE

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