Overview
Energy management firm's Q4 revenue fell 7%
Adjusted EPS for Q4 missed analyst expectations
Company completed acquisition of Universal Weather and Aviation's Trip Support Services division
Outlook
World Kinect expects full-year 2026 adjusted diluted EPS of $2.20 to $2.40
Result Drivers
AVIATION SEGMENT GROWTH - Acquisition of Universal TSS boosted Aviation segment gross profit by 8%
CREDIT FACILITY EXTENSION - Co amended and extended $2 bln credit facility to November 2030 to enhance liquidity
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$9.03 bln
$9.41 bln (2 Analysts)
Q4 Adjusted EPS
Miss
$0.30
$0.47 (3 Analysts)
Q4 EPS
-$5.11
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 2.2% above its February 18 closing price of $26.43
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nBw4XG8zNa
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(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.)