World Kinect Corporation expected to post earnings of 47  cents a share - Earnings Preview

World Kinect

26/07/2023 02:00

* World Kinect Corporation  WKC.N   WKC  is expected to show
a
fall in quarterly revenue when it reports  results on July 27. 
    * The Miami Florida-based  company is expected to report  a
22.9% decrease in revenue to $13.204 billion from $17.12 billion
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for World Kinect
Corporation
is for earnings of 47 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and 1 "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
Corporation is $30​, above​ its last closing price of $22.76.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.35        0.35       0.36      Beat    2.9
 Dec. 31 2023  0.48        0.48       0.54      Beat    12.5
 Sep. 30 2022  0.64        0.64       0.67      Beat    4.7​
 Jun. 30 2022  0.29        0.29       0.41      Beat    41.4
 ​​Mar.        0.30        0.30       0.42      Beat    42.4
 31 2022                                                
 Dec. 31 2021  0.26        0.26       0.28      Beat    7.7​
 Sep. 30 2021  0.33        0.34       0.36      Beat    5.9
 Jun. 30 2021  0.30        0.30       0.39      Beat    32.2
 This summary was machine generated July 26 at 01:00 GMT.  All
figures in US dollars  unless otherwise stated