{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-006374","form_type":"8-K","ticker":"WKC","cik":"0000789460","company_name":"WORLD KINECT CORP","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.926302+00:00","generated_at":"2026-06-05T21:21:44.588564+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"World Kinect Q4 net loss $34.8M; adjusted EPS flat at $0.54; Land segment hit by erroneous Finnish power bid","bullets":["Q4 revenue $12.0B (-14% YoY); net loss $34.8M vs net income $21M; diluted EPS loss $0.58.","Adjusted diluted EPS $0.54 (flat YoY); adjusted EBITDA $99.8M (-6%).","Aviation gross profit +19% to $131.4M; Marine -21% to $44.0M.","Land gross profit -51% due to erroneous Finnish power market bid; adjusted -9% to $105M.","Full year operating cash flow $271M; liquidity strong; Investor Day to be held."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-006374","json":"https://secwatch.observer/filing/0001628280-24-006374.json","markdown":"https://secwatch.observer/filing/0001628280-24-006374.md","text":"https://secwatch.observer/filing/0001628280-24-006374.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/789460/000162828024006374/0001628280-24-006374-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/789460/000162828024006374/wkc-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:21:44.588564+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"32bd7b8465f2ec86713161f3aeb152f44c288c44","claim":"WORLD KINECT CORP reported quarter and year ended December 31, 2023 results: revenue $12,003, net income $(0.58) per diluted share, EPS $(0.58) per diluted share.","evidence_excerpt":"and per share data): Three Months Ended December 31, Year Ended December 31, 2023 2022 Change 2023 2022 Change Volume (1) 4,533 4,575 (1)% 18,006 18,331 (2)% Revenue $ 12,003 $ 13,878 (14)% $ 47,711 $ 59,043 (19)% Gross profit $ 232 $ 282 (18)% $ 1,058 $ 1,089 (3)% Adjusted gross profit $ 280 $ 282 (1)% $ 1,106 $ 1,089 2% Operating expenses $ 248 $ 204","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/789460/000162828024006374/0001628280-24-006374-index.htm","confidence":0.82,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$12,003"},{"label":"Net income","value":"$(0.58) per diluted share"},{"label":"EPS","value":"$(0.58) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}