CoreLogic: 2Q Earnings Snapshot
Posted July 23, 2020 7:50 am.
Last Updated July 23, 2020 7:54 am.
IRVINE, Calif. (AP) _ CoreLogic Inc. (CLGX) on Thursday reported second-quarter net income of $59 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Irvine, California-based company said it had net income of 73 cents. Earnings, adjusted for one-time gains and costs, came to $1.02 per share.
The data analytics and business services provider posted revenue of $477.5 million in the period.
For the current quarter ending in October, CoreLogic said it expects revenue in the range of $485 million to $515 million.
The company expects full-year earnings in the range of $3.60 to $3.75 per share, with revenue ranging from $1.86 billion to $1.9 billion.
CoreLogic shares have increased 56% since the beginning of the year. The stock has climbed 48% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLGX at https://www.zacks.com/ap/CLGX
The Associated Press
