World Kinect Corp expected to post earnings of 62 cents a share - Earnings Preview

World Kinect

23/10/2024 05:08

* World Kinect Corp  WKC.N   WKC  is expected to show a fall
in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Miami Florida-based  company is expected to report a
3.9% decrease in revenue to $11.77 billion from $12.25 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for World Kinect Corp is for
earnings of 62 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for World
Kinect Corp
is 30.50​, below​ its last closing price of $31.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.56        0.56       0.48      Missed  -13.7
 Jan. 1 2024   0.48        0.49       0.47      Missed  -3.6
 Dec. 31 2023  0.43        0.44       0.54      Beat    23.3​
 Sep. 30 2023  0.53        0.58       0.58      Met     -0.6
 ​​Jun.        0.47        0.47       0.48      Beat    1.4
 30 2023                                                
 Mar. 31 2023  0.35        0.35       0.36      Beat    2.9​
 Dec. 31 2022  0.48        0.64       0.54      Missed  12.5
 Jan. 1 0001   0.64        0.64       0.67      Beat    4.7
 This summary was machine generated October 23 at 04:08 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)