Core-Mark: 2Q Earnings Snapshot
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.