Fuel services provider World Kinect Q3 adjusted EPS misses estimates, hurt by land, marine segments

World Kinect

23/10/2025 21:29

Overview

World Kinect Corp Q3 revenue beats analyst expectations, adjusted EPS misses estimates

Aviation segment gross profit rises 11%, driven by European airport operations

Land and Marine segments face declines due to unfavorable market conditions

Outlook

Company focuses on strengthening Aviation segment with acquisition of Universal Trip Support

Company remains focused on optimizing portfolio amid market pressures in Land and Marine

World Kinect highlights strong cash flow and solid results in Aviation segment

Result Drivers

AVIATION GROWTH - Aviation segment gross profit increased by 11% due to higher contributions from European airport operations and government sales

LAND SEGMENT DECLINE - Land segment gross profit decreased by 20% due to unfavorable market conditions and divestitures

MARINE SEGMENT DECLINE - Marine segment gross profit fell by 32% due to lower bunker fuel prices and reduced market volatility

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$9.39 bln
$9.37 bln (2 Analysts)
Q3 Adjusted EPS
Miss
$0.54
$0.60 (3 Analysts)
Q3 EPS
$0.46


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the oil & gas refining and marketing peer group is "buy."

Wall Street's median 12-month price target for World Kinect Corp is $27.00, about 5.5% above its October 21 closing price of $25.51

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBw9XYsWpa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)