Core-Mark: 3Q Earnings Snapshot

Core-Mark: 3Q Earnings Snapshot

SOUTH SAN FRANCISCO, Calif. (AP) _ Core-Mark Holding Co. (CORE) on Tuesday reported third-quarter net income of $23.7 million.

On a per-share basis, the South San Francisco, California-based company said it had net income of 51 cents. Earnings, adjusted for non-recurring costs, came to 63 cents per share.

The wholesale consumer products distributor posted revenue of $4.27 billion in the period.

Core-Mark expects full-year earnings in the range of $1.31 to $1.40 per share, with revenue in the range of $16.2 billion to $16.4 billion.

Core-Mark shares have increased 20 percent since the beginning of the year. The stock has increased 12 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

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