CST Brands Q3 Profit Rises - Quick Facts

(RTTNews) - CST Brands Inc. (CST), one of the largest independent retailers of motor fuels and convenience merchandise in North America, reported that its third-quarter net income increased to $41 million or $0.55 per share, from $24 million or $0.31 per share, last year. Excluding asset impairments, net income would have been $43 million, or $0.57 per share, for the quarter.

On average, three analysts polled by Thomson Reuters expected the company to report profit per share of $0.56 for the quarter. Analysts' estimates typically exclude special items.

Operating revenues declined to $3.32 billion, from $3.38 billion, a year ago. Analysts expected revenue of $3.32 billion for the quarter.