World Kinect Corp reports results for the quarter ended December 31 - Earnings Summary

World Kinect

20/02/2025 22:54

* World Kinect Corp  WKC.N  reported quarterly adjusted
earnings
of 62 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 54 cents.  The mean expectation of five analysts
for the quarter was for earnings of 50 cents per share. Wall
Street expected results to range from 43 cents to 59 cents per
share.
    * Revenue fell 18.7% to $9.76 billion from a year ago;
analysts
expected $10.33 billion. 
    * World Kinect Corp's reported EPS for the quarter was a
loss of
$1.77​.
    * The company reported a quarterly loss of $101.8 million.
    * World Kinect Corp shares had fallen by 0.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.8%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the oil & gas
refining
and marketing peer group is also "hold"

Wall Street's median 12-month price target for World Kinect Corp
is $31.00 
This summary was machine generated from LSEG data February 20 at
10:53 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.50           0.62           Beat
 Sep. 30 2024      0.62           0.62           Met
 Jun. 30 2024      0.56           0.48           Missed
 Mar. 31 2024      0.49           0.47           Missed