Core-Mark Holding Q4 Profit Up

(RTTNews) - Core-Mark Holding Company, Inc. (CORE) Monday reported fourth-quarter profit of $15.0 million or $1.29 per share, up from $9.7 million or $0.83 per share in the same period last year.

Adjusted earnings for the quarter were $1.28 per share. On average, four analysts polled by Thomson Reuters expected the company to earn $1.27 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased 13.8 percent to $2.5 billion from $2.2 billion last year.

Looking ahead, the company has forecast full-year earnings in the order of $3.50 to $3.65 per share, with revenues ranging between $10.4 billion and $10.7 billion. Analysts currently expect the company to report full-year earnings of $4.60 per share on revenues of $10.70 billion.