Core-Mark Holding: Here’s What Investors Need to Know Before Earnings
Core-Mark Holding Company (NASDAQ:CORE) will report earnings before markets open on Tuesday, May 7th. Core-Mark Holding Company, Inc. distributes consumer packaged goods and store supplies to the convenience retail industry. The Company provides distribution and logistics services as well as value-added programs to customer locations across various states and several Canadian provinces. Core-Mark services a variety of store formats.
Here is your Cheat Sheet to Core-mark Holding Company Earnings:
Earnings Expectations: Analysts expect earnings of $0.42 per share on revenues of $2.24 billion. Currently, the company’s P/E ratio stands at 17.27.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.16 to a profit $1.17. For the current year, the average estimate is a profit of $3.87, which is worse than the estimate ninety days ago.
Here’s how Core-mark Holding Company has been performing on an annual basis:
|Revenue ($) in millions||6,045||6,532||7,267||8,115||8,892|
|Diluted EPS ($)||1.64||4.35||1.55||2.23||2.91|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||2,128||2,101||2,287||2,315||2,190|
|Diluted EPS ($)||0.4561||0.31||0.87||0.90||0.8220|
Core-mark Holding Company has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)