Core-Mark Holding (NAS: CORE) reported earnings on May 8. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Core-Mark Holding beat expectations on revenues and earnings per share.
Compared with the prior-year quarter, revenue grew significantly and GAAP earnings per share grew significantly.
Gross margins shrank, operating margins increased, net margins grew.
Core-Mark Holding notched revenue of $2.10 billion. The two analysts polled by S&P Capital IQ expected revenue of $1.99 billion on the same basis. GAAP reported sales were 62% higher than the prior-year quarter's $1.30 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.39. The one earnings estimate compiled by S&P Capital IQ anticipated $0.25 per share. GAAP EPS of $0.31 for Q1 were much higher than the prior-year quarter's $0.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 5.2%, 190 basis points worse than the prior-year quarter. Operating margin was 0.3%, 20 basis points better than the prior-year quarter. Net margin was 0.2%, 20 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $2.30 billion. On the bottom line, the average EPS estimate is $1.12.
Next year's average estimate for revenue is $9.17 billion. The average EPS estimate is $3.59.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 105 members out of 108 rating the stock outperform, and four members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give Core-Mark Holding a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Core-Mark Holding is buy, with an average price target of $52.50.
Over the decades, small-cap stocks like Core-Mark Holding have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Get instant access to this free report.
Add Core-Mark Holding to My Watchlist.
At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings. He is the co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.