trending Market Intelligence /marketintelligence/en/news-insights/trending/0JSMcE-QUfrlpHKKluFoIg2 content esgSubNav
In This List

Core-Mark Holding profit beats consensus by 27.1% in Q1

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Core-Mark Holding profit beats consensus by 27.1% in Q1

Core-Mark Holding Co. Inc. said its first-quarter normalized net income amounted to 12 cents per share, compared with the S&P Capital IQ consensus estimate of 10 cents per share.

EPS rose year over year from 5 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $5.7 million, a gain from $2.5 million in the year-earlier period.

The normalized profit margin increased to 0.3% from 0.1% in the year-earlier period.

Total revenue grew 7.7% on an annual basis to $1.97 billion from $1.83 billion, and total operating expenses climbed 7.4% from the prior-year period to $1.96 billion from $1.82 billion.

Reported net income grew year over year to $5.6 million, or 12 cents per share, from $2.3 million, or 5 cents per share.