Wall Street analysts forecast that Core-Mark Holding Company, Inc. (NASDAQ:CORE) will report $0.44 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have made estimates for Core-Mark’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.43. Core-Mark reported earnings per share of $0.35 in the same quarter last year, which would suggest a positive year over year growth rate of 25.7%. The firm is expected to report its next quarterly earnings results before the market opens on Wednesday, August 7th.

According to Zacks, analysts expect that Core-Mark will report full-year earnings of $1.58 per share for the current year, with EPS estimates ranging from $1.57 to $1.59. For the next financial year, analysts expect that the business will post earnings of $1.73 per share, with EPS estimates ranging from $1.71 to $1.75. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Core-Mark.

Core-Mark (NASDAQ:CORE) last released its quarterly earnings results on Wednesday, May 8th. The business services provider reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.06. The business had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.84 billion. Core-Mark had a return on equity of 12.03% and a net margin of 0.29%. The company’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.07 EPS.

A number of brokerages have commented on CORE. ValuEngine cut Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, July 17th. Zacks Investment Research cut Hess Midstream Partners from a “hold” rating to a “sell” rating in a report on Tuesday, May 14th. Finally, BidaskClub upgraded Xilinx from a “hold” rating to a “buy” rating in a report on Wednesday, July 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $37.83.

In other Core-Mark news, Director Harvey L. Tepner sold 2,351 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $40.00, for a total transaction of $94,040.00. Following the sale, the director now owns 44,370 shares in the company, valued at approximately $1,774,800. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.10% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in CORE. Oregon Public Employees Retirement Fund boosted its holdings in shares of Core-Mark by 1.7% during the second quarter. Oregon Public Employees Retirement Fund now owns 18,001 shares of the business services provider’s stock worth $715,000 after purchasing an additional 300 shares during the last quarter. Zions Bancorporation N.A. boosted its holdings in shares of Core-Mark by 6.3% during the second quarter. Zions Bancorporation N.A. now owns 5,496 shares of the business services provider’s stock worth $218,000 after purchasing an additional 324 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Core-Mark by 0.5% during the first quarter. Arizona State Retirement System now owns 70,761 shares of the business services provider’s stock worth $2,627,000 after purchasing an additional 377 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Core-Mark by 86.6% during the first quarter. Versant Capital Management Inc now owns 978 shares of the business services provider’s stock worth $36,000 after purchasing an additional 454 shares during the last quarter. Finally, Advisor Group Inc. boosted its holdings in shares of Core-Mark by 32.0% during the fourth quarter. Advisor Group Inc. now owns 2,181 shares of the business services provider’s stock worth $51,000 after purchasing an additional 529 shares during the last quarter. Hedge funds and other institutional investors own 92.58% of the company’s stock.

NASDAQ:CORE traded down $0.53 during trading hours on Thursday, reaching $37.72. 169,750 shares of the company traded hands, compared to its average volume of 292,138. The firm’s 50-day simple moving average is $38.58. The stock has a market capitalization of $1.75 billion, a PE ratio of 27.14, a P/E/G ratio of 3.01 and a beta of 0.76. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.86 and a current ratio of 1.61. Core-Mark has a 1-year low of $22.53 and a 1-year high of $40.95.

About Core-Mark

Core-Mark Holding Company, Inc markets fresh and broad-line supply solutions to the convenience retail industry. The company sells and distributes food products, including fast food, candies, snacks, and groceries, as well as beverages and fresh products, such as sandwiches, juices, salads, produce, dairy, and bread; and non-food products comprising cigars, tobacco, alternative nicotine products, health and beauty care products, and general merchandise and equipment.

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