CST Brands (CST) Misses Q2 EPS by 7c
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CST Brands, Inc. Reports Second Quarter 2016 Results
August 5, 2016 6:00 AM EDTSecond Quarter 2016 Net Income of $27 million, or $0.36 per diluted share; an increase of 8% and 13% in net income and earnings per diluted share, respectively, over the Second Quarter 2015 Net Income of $25 million or $0.32 per diluted share. Excluding special items from the Second Quarter of 2016 and 2015, earnings per diluted share increased 26% to $0.39 per share from $0.31 per share for the same period of 2015 Generated Second Quarter 2016 EBITDA of $98 million, a 23% increase over Second Quarter 2015 Compared to Second Quarter 2015, U.S. Merchandise & Services Gross Profits grew 27% and Canada Merchandise & Services Gross Profits grew 5% and, excluding the... More
