Core-Mark (NASDAQ:CORE) updated its FY18 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $1.13-1.29 for the period, compared to the Thomson Reuters consensus estimate of $1.41. The company issued revenue guidance of $16.6-16.8 billion, compared to the consensus revenue estimate of $16.93 billion.Core-Mark also updated its FY17 guidance to $0.94-1.01 EPS.

Core-Mark (NASDAQ:CORE) opened at $31.41 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.16 and a quick ratio of 1.12. Core-Mark has a 12-month low of $26.08 and a 12-month high of $43.94. The stock has a market cap of $1,460.00, a P/E ratio of 35.29, a price-to-earnings-growth ratio of 2.27 and a beta of 0.95.

Core-Mark (NASDAQ:CORE) last posted its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.04). The firm had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.29 billion. Core-Mark had a return on equity of 9.90% and a net margin of 0.27%. equities research analysts predict that Core-Mark will post 1.19 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Tuesday, November 28th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.27%. This is a positive change from Core-Mark’s previous quarterly dividend of $0.09. The ex-dividend date was Monday, November 27th. Core-Mark’s dividend payout ratio (DPR) is 44.94%.

CORE has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Core-Mark from a hold rating to a buy rating and set a $38.00 price target on the stock in a research report on Monday, October 30th. Jefferies Group reissued a hold rating and set a $32.00 price target on shares of Core-Mark in a research report on Friday, November 10th. BMO Capital Markets initiated coverage on shares of Core-Mark in a research report on Friday. They set a market perform rating and a $33.00 price target on the stock. William Blair initiated coverage on shares of Core-Mark in a research report on Wednesday. They set an outperform rating on the stock. Finally, BidaskClub lowered shares of Core-Mark from a hold rating to a sell rating in a research report on Friday, December 22nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $37.83.

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Core-Mark Company Profile

Core-Mark Holding Company, Inc is a wholesale distributor to the convenience retail industry in North America. The Company provides sales, marketing, distribution and logistics services. As of December 31, 2016, the Company offered services to over 43,000 customer locations across the United States and Canada through 30 distribution centers.

Earnings History and Estimates for Core-Mark (NASDAQ:CORE)

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