The CST Brands Inc (CST) Expected to Post Earnings of $0.24 Per Share

The CST Brands Inc (CST) Expected to Post Earnings of $0.24 Per Share

On average, analysts expect that CST Brands will report full year earnings of $1.80 per share for the current fiscal year, with EPS estimates ranging from $1.41 to $2.05. For the next financial year, analysts expect that the company will post earnings of $2.06 per share, with EPS estimates ranging from $1.91 to $2.20. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow CST Brands.

Equities analysts expect that CST Brands Inc (NYSE:CST) will post earnings of $0.24 per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for CST Brands’ earnings. CST Brands reported earnings of $0.27 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 11.1%. The firm is expected to report its next earnings results after the market closes on Monday, May 8th.

CST Brands (NYSE:CST) last posted its quarterly earnings results on Monday, February 27th. The specialty retailer reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.12. CST Brands had a return on equity of 8.16% and a net margin of 3.63%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the company posted $0.55 earnings per share. The business’s revenue was up 12.7% compared to the same quarter last year. CST has been the topic of several recent analyst reports. Zacks Investment Research upgraded CST Brands from a “sell” rating to a “hold” rating in a research note on Tuesday, January 10th. Jefferies Group LLC set a $49.00 price objective on CST Brands and gave the company a “hold” rating in a research note on Wednesday, April 19th. One analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and an average price target of $45.88.

CST Brands (NYSE:CST) last posted its quarterly earnings results on Monday, February 27th. The specialty retailer reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by $0.12. CST Brands had a return on equity of 8.16% and a net margin of 3.63%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the company posted $0.55 earnings per share. The business’s revenue was up 12.7% compared to the same quarter last year. CST Brands (NYSE:CST) traded up 0.06% during mid-day trading on Monday, reaching $48.39. 286,806 shares of the company’s stock traded hands. The stock has a market cap of $3.67 billion, a P/E ratio of 11.41 and a beta of 1.08. CST Brands has a 12 month low of $36.10 and a 12 month high of $48.52. The company has a 50 day moving average price of $48.29 and a 200-day moving average price of $48.22.

In other news, SVP Gerard J. Sonnier sold 1,865 shares of CST Brands stock in a transaction on Tuesday, March 14th. The stock was sold at an average price of $48.27, for a total transaction of $90,023.55. Following the sale, the senior vice president now directly owns 14,829 shares in the company, valued at approximately $715,795.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.09% of the company’s stock. Several large investors have recently added to or reduced their stakes in CST. Allianz Asset Management AG boosted its stake in CST Brands by 2.9% in the fourth quarter. Allianz Asset Management AG now owns 744,680 shares of the specialty retailer’s stock worth $35,856,000 after buying an additional 20,841 shares during the last quarter. Perella Weinberg Partners Capital Management LP acquired a new stake in CST Brands during the third quarter worth approximately $2,784,000. BlackRock Advisors LLC boosted its stake in CST Brands by 1.6% in the third quarter. BlackRock Advisors LLC now owns 41,724 shares of the specialty retailer’s stock worth $2,007,000 after buying an additional 646 shares during the last quarter. Bank of Montreal Can boosted its stake in CST Brands by 1.5% in the third quarter. Bank of Montreal Can now owns 66,334 shares of the specialty retailer’s stock worth $3,190,000 after buying an additional 988 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in CST Brands during the fourth quarter worth approximately $295,000. Institutional investors own 85.56% of the company’s stock.

About CST Brands CST Brands, Inc (CST) is a holding company. The Company is an independent retail of motor fuel and convenience merchandise in the United States and eastern Canada. Its segments include U.S. Retail, Canadian Retail and CrossAmerica. As of December 31, 2016, its U.S. Retail segment had 1,167 Company-operated retail sites located in Arkansas, Arizona, Colorado, Florida, Georgia, Louisiana, New Mexico, New York, Oklahoma and Texas.

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