World Kinect beats Q1 adjusted EPS estimates, raises 2026 profit outlook

World Kinect

23/04/2026 21:28

Overview

US transportation fuels provider's Q1 adjusted EPS rose 56%, beating analyst expectations

Company repurchased $75 mln of common stock in Q1

Outlook

Company raises 2026 adjusted diluted EPS guidance to $2.65-$2.85 from $2.20-$2.40

Result Drivers

AVIATION ACQUISITION & EUROPEAN GROWTH - Aviation segment gross profit rose 20%, driven by the acquisition of Universal Weather and Aviation's Trip Support Services and increased core resale business in Europe and government activity

MARINE SEGMENT VOLATILITY - Marine segment gross profit jumped 86%, mainly due to higher bunker fuel prices, elevated price volatility, and disciplined risk management

LAND SEGMENT DECLINE - Land segment gross profit fell 16%, mainly due to the UK Land sale and unfavorable natural gas market conditions, partially offset by higher contributions from cardlock network and retail operations in North America

Company press release: ID:nBw1qqvGPa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$9.69 bln
$8.71 bln (2 Analysts)
Q1 Adjusted EPS
Beat
$0.75
$0.31 (3 Analysts)
Q1 EPS
$0.50


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 $26.00, about 12.2% above its April 22 closing price of $23.18

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

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