Benzinga | Feb 26, 2021 10:03AM EST

Preview: Core-Mark Holding Co's Earnings

Core-Mark Holding Co (NASDAQ:CORE) releases its next round of earnings this Monday, March 01. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts covering Core-Mark Holding Co modeled for quarterly EPS of $0.31 on revenue of $4.16 billion. Core-Mark Holding Co reported a profit of $0.45 per share when it published results during the same quarter last year. Sales in that period totaled $4.16 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate, earnings would be down 31.11%. Revenue would be up 0.12% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020EPS Estimate 0.49 0.30 0.15 0.38EPS Actual 0.60 0.52 0.22 0.45Revenue Estimate 4.34 B 4.09 B 3.85 B 4.11 BRevenue Actual 4.50 B 4.26 B 3.94 B 4.16 B

Stock Performance

Shares of Core-Mark Holding Co were trading at $32.46 as of February 25. Over the last 52-week period, shares are up 16.74%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Core-Mark Holding Co is scheduled to hold the call at 09:00:00 ET and can be accessed here.