earnings
confidence high
sentiment neutral
materiality 0.70
World Kinect Q3 revenue falls 14% to $10.5B; adj. EPS rises to $0.62
WORLD KINECT CORP
2024-Q3 EPS reported
$2.82
revenue$32,407,500,000
- Q3 revenue $10.5B (-14% YoY); volume 4.4B units (-2%).
- Net income $35M; diluted EPS $0.57 (-2%) and adjusted EPS $0.62 (+7%).
- Aviation gross profit +3% to $129M; Land -16% to $102M; Marine +7% to $37M.
- Repurchased $28M in shares during Q3.