-+ 0.00%
-+ 0.00%
-+ 0.00%
World Kinect: Q2 Earnings Snapshot
Share
Listen to the news

MIAMI (AP) — MIAMI (AP) — World Kinect Corporation (WKC) on Thursday reported second-quarter profit of $48.4 million.

The Miami-based company said it had net income of 94 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.29 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.

The company that services ships, jets and trucks posted revenue of $13.59 billion in the period.

World Kinect expects full-year earnings in the range of $3.20 to $3.40 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WKC at https://www.zacks.com/ap/WKC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending