Recap: World Kinect Q4 Earnings

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.

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.

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.