earnings
confidence high
sentiment negative
materiality 0.60
World Fuel Services Q1 net income down 13% to $23M; EPS $0.36 vs $0.41 YoY
WORLD KINECT CORP
2023-Q1 EPS reported
$0.36
revenue$12,481,600,000
- Gross profit up 14% to $263M; adjusted EBITDA up 16% to $87M.
- Aviation segment gross profit +57% to $101M; Land -8% to $110M; Marine +11% to $52M.
- Revenue flat at $12,482M; volume essentially unchanged at 4,472 million gallon equivalents.