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Core-Mark: 1Q Earnings Snapshot

SOUTH SAN FRANCISCO, Calif. (AP) _ Core-Mark Holding Co. (CORE) on Tuesday reported a first-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier.

The South San Francisco, California-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs, were 7 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The wholesale consumer products distributor posted revenue of $3.81 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $3.8 billion.

Core-Mark expects full-year earnings in the range of $1.13 to $1.29 per share, with revenue in the range of $16.6 million to $16.8 million.

Core-Mark shares have declined 36 percent since the beginning of the year. The stock has fallen 43 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CORE at https://www.zacks.com/ap/CORE