Recap: World Kinect Q4 Earnings

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World Kinect WKC reported its Q4 earnings results on Thursday, February 22, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

World Kinect beat estimated earnings by 17.39%, reporting an EPS of $0.54 versus an estimate of $0.46.

Revenue was down $1.87 billion from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 8.15% drop in the share price the next day.

Here's a look at World Kinect's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.58 0.47 0.35 0.48
EPS Actual 0.58 0.48 0.36 0.54
Revenue Estimate 12.03B 13.20B 12.93B 14.16B
Revenue Actual 12.25B 10.98B 12.48B 13.88B

To track all earnings releases for World Kinect visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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