CST Brands Q3 Net Earnings Rise - Quick Facts

(RTTNews) - CST Brands, Inc. (CST) Tuesday reported a rise in third-quarter net earnings, as a decline in cost of sales more than offset lower fuel selling prices and volumes in the U.S.

For the three months to September, net earnings were $63 million or $0.83 per share, up from $42 million or $0.56 per share a year earlier.

Excluding certain items, earnings totaled $68 million or $0.90 per share.

On average, seven analysts polled by Thomson-Reuters estimated earnings to be $0.57. Analysts' estimates typically exclude one-time items.

Operating revenues declined to $3.22 billion, from $3.32 billion last year, below the $3.27 billion Wall Street expected.