Core-Mark Announces Second Quarter 2020 Financial Results
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Core-Mark Holding (CORE) Tops Q2 EPS by 8c, Revenues Beat; Provides Revised FY20 EPS/Revenue Guidance
August 6, 2020 6:31 AM EDTCore-Mark Holding (NASDAQ: CORE) reported Q2 EPS of $0.38, $0.08 better than the analyst estimate of $0.30. Revenue for the quarter came in at $4.26 billion versus the consensus estimate of $4.09 billion.
Second Quarter Net Sales decreased 1.7% to $4.26 BillionReduced operating expenses by 10.8% to $187.7 MillionNet Income of $16.9 Million, Diluted EPS at $0.38 per shareAdjusted EBITDA of $52.5 Million(1) versus $53.5 Million Last YearAnnounced $0.12 Dividend Payable September 18, 2020Provides Updated Guidance for Full Year 2020I want to thank our employees, our customers and our vendors for their continued commitment, cooperation and support in what... More
