World Fuel Services Q3 gross profit up 63% to $322.3M; adjusted EPS $0.67

WORLD KINECT CORP

2022-Q3 EPS reported $1.48 revenue$45,165,400,000

GAAP net income $42.5M ($0.68 diluted EPS); adjusted net income $41.8M ($0.67 diluted EPS).
Aviation segment gross profit $129.6M (+15% YoY) on international passenger rebound; marine $74.8M (+242%) on market volatility.
Land segment gross profit $117.9M (+88% YoY) driven by Flyers Energy and North America performance.
Adjusted EBITDA $122.5M; record quarterly gross profit and highest EPS in over two years.
Balance sheet strengthened with strong operating cash flow; previously announced 17% dividend increase.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WORLD KINECT CORP reported third quarter of 2022 results: net income $42.5 million, EPS $0.68 per diluted share.

Period: third quarter of 2022
Net income: $42.5 million
EPS: $0.68 per diluted share
Result: reported results

Exact text from the filing

World Fuel Services Corporation Reports Third Quarter 2022 Results

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

WORLD KINECT CORP filing history →

Source: SEC EDGAR

accession 0001628280-22-027219

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