CST Brands Earnings: Everything You Must Know Now
CST Brands Inc (NYSE:CST) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
CST Brands Inc Earnings Cheat Sheet
Revenue: Decreased 0% to $3.21 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: CST Brands Inc reported adjusted EPS income of $0.66 per share. By that measure, the company beat the mean analyst estimate of $0. It beat the average revenue estimate of $3.19 billion.
Quoting Management: “We are extremely proud of our accomplishments since our May 1 spin,” said Kim Bowers, CST Chairman and CEO. “Our nearly 12,000 dedicated, hardworking employees never missed a beat. Our Corner Store Team Members continue to provide excellent customer service to our 10 million loyal, weekly customers; and our Service Center Team Members worked extraordinarily hard to make sure the transition to our new, independent company was a success.”
Key Stats (on next page)…