secwatch.observer — SEC 8-K summary
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Issuer:     WORLD KINECT CORP (WKC)
CIK:        0000789460
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001628280-23-004839
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

World Fuel Services Q4 net income $21M, adjusted EPS $0.54; FY gross profit up 38%
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- Q4 revenue $13.9B (+40% YoY), gross profit $282.4M (+31%), net income $20.9M (+36%).
- Full year revenue $59.0B (+88%), gross profit $1.09B (+38%), net income $114.1M (+55%).
- Full year GAAP EPS $1.82, adjusted EPS $2.04 (+50%); Adjusted EBITDA $380.3M (+60%).
- Segment: Land gross profit +54% in Q4 (Flyers Energy acquisition); Marine +85% (higher bunker prices).
- Capital return to shareholders of nearly $80M through share repurchases and dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789460/000162828023004839/0001628280-23-004839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789460/000162828023004839/int-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-004839

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer