Core-Mark Holding (Nasdaq: CORE ) is expected to report Q2 earnings around Aug. 6. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Core-Mark Holding's revenue will expand 15.5% and EPS will improve 24.7%.
The average estimate for revenue is $2.36 billion. On the bottom line, the average EPS estimate is $1.01.
Last quarter, Core-Mark Holding recorded revenue of $2.10 billion. GAAP reported sales were 26% 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.
Last quarter, non-GAAP EPS came in at $0.39. 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 preceding quarter, gross margin was 6.8%, 30 basis points worse than the prior-year quarter. Operating margin was 0.4%, 30 basis points better than the prior-year quarter. Net margin was 0.2%, 20 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $9.25 billion. The average EPS estimate is $3.57.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 107 members out of 111 rating the stock outperform, and four members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), all 29 give Core-Mark Holding a green thumbs-up.
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: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.