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Core-Mark posts 3Q profit

SOUTH SAN FRANCISCO, Calif. (AP) _ Core-Mark Holding Co. (CORE) on Tuesday reported third-quarter earnings of $13.7 million.

The South San Francisco, California-based company said it had net income of 29 cents per share. Earnings, adjusted for non-recurring costs, came to 37 cents per share.

The wholesale consumer products distributor posted revenue of $4.31 billion in the period.

Core-Mark expects full-year earnings in the range of $1.20 to $1.24 per share, with revenue in the range of $15.7 billion to $15.8 billion.

Core-Mark shares have declined 22 percent since the beginning of the year. The stock has risen slightly in the last 12 months.


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