| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/25/2024 | $33.00 → $32.00 | Buy → Hold | Stifel |
| 9/16/2024 | $28.00 | Equal-Weight → Underweight | Morgan Stanley |
| 2/21/2024 | $25.00 | Neutral | JP Morgan |
| 11/6/2023 | $24.00 | Equal-Weight | Morgan Stanley |
| 7/6/2023 | $30.00 | Outperform | Raymond James |
| 6/26/2023 | $29.00 → $22.00 | Buy → Underperform | BofA Securities |
DEFA14A - WORLD KINECT CORP (0000789460) (Filer)
DEF 14A - WORLD KINECT CORP (0000789460) (Filer)
10-Q - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
10-K - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
10-Q - WORLD KINECT CORP (0000789460) (Filer)
8-K - WORLD KINECT CORP (0000789460) (Filer)
10-Q - WORLD KINECT CORP (0000789460) (Filer)
World Kinect Corporation (NYSE:WKC) today reported financial results for the first quarter of 2025. First Quarter 2025 Highlights Gross profit of $230 million GAAP net loss of $21 million, or $0.37 per diluted share Adjusted net income of $27 million, or $0.48 per diluted share Generated $114 million of operating cash flow Repurchased $10 million of common stock Adjusted EBITDA of $80 million Year-Over-Year Segment Profitability Aviation – Gross profit of $116 million, an increase of 7%, primarily attributable to improved performance from our operated airport locations in Europe, our physical inventory business, and our business and general aviation activities, partially of
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, April 24, 2025, at 5:00 p.m. ET to discuss the company's first quarter 2025 results, as well as certain forward-looking information. The company plans to release its first quarter 2025 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.worldkinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillmen
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, which is payable on April 16, 2025 to shareholders of record on March 31, 2025. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. The company also supplies natural gas and power in the United States and Europe along with a broad suite of sustainability-related products and services. For more information, visit www.world-kinect
World Kinect Corporation (NYSE:WKC) today reported financial results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights Gross profit of $259 million GAAP net loss of $102 million, or $1.77 per diluted share Adjusted net income of $36 million, or $0.62 per diluted share Generated $120 million of operating cash flow Repurchased $43 million of common stock Adjusted EBITDA of $95 million Year-Over-Year Segment Profitability Aviation – Gross profit of $120 million, a decrease of 8%, primarily driven by the sale of Avinode during the second quarter of 2024 and lower inventory-related profitability year-over-year, partially offset by growth in our commercial
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, February 20, 2025, at 5:00 p.m. ET to discuss the company's fourth quarter and full year 2024 results, as well as certain forward-looking information. The company plans to release its fourth quarter and full year 2024 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.worldkinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy ma
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, which is payable on January 16, 2025 to shareholders of record on December 23, 2024. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. We also supply natural gas and power in the United States and Europe along with a growing suite of other sustainability-related products and services. For more information, visit www.world-k
World Kinect Corporation (NYSE:WKC) today reported financial results for the third quarter of 2024. Results compared to the same period last year are as follows (unaudited - in millions, except percentages and per share data): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change 2024 2023 Change Volume (1) 4,443 4,536 (2 )% 13,230 13,473 (2 )% Revenue $ 10,491 $ 12,245 (14 )% $ 32,407
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, October 24, 2024, at 5:00 p.m. ET to discuss the company's third quarter 2024 results, as well as certain forward-looking information. The company plans to release its third quarter 2024 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.worldkinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillme
World Kinect Corporation (NYSE:WKC) announced today that its Board of Directors has declared a quarterly cash dividend of $0.17 per share, which is payable on October 16, 2024 to shareholders of record on September 30, 2024. Additionally, the Board of Directors approved an additional $200 million share repurchase authorization. The new authorization is in addition to the Company's previous authorization, which had approximately $108 million remaining as of June 30, 2024. "Increasing our share repurchase authorization highlights our strong financial position and continued ability to deliver solid free cash flow," said Ira Birns, Executive Vice President and Chief Financial Officer. "We rem
World Kinect Corporation (NYSE:WKC) today reported financial results for the second quarter of 2024. Results compared to the same period last year are as follows (unaudited - in millions, except percentages and per share data): Three Months Ended June 30, Six Months Ended June 30, 2024 2023 Change 2024 2023 Change Volume (1) 4,373 4,465 (2 )% 8,787 8,937
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World Kinect Corporation (NYSE:WKC) today announced the appointment of Jeffrey M. Kottkamp to the Board of Directors of the company. "We are delighted to have Jeff join our Board of Directors," said Michael J. Kasbar, chairman and chief executive officer. "He is an accomplished audit and financial services executive who brings a wealth of accounting and regulatory expertise. Jeff's financial knowledge and auditing and control experience will be a strategic asset to our company." Mr. Kottkamp spent 40 years at Deloitte & Touche USA LLP, an audit, consulting, tax and advisory service provider, before retiring in 2023 after having served as a partner for nearly 30 years. At Deloitte, Mr. Kot
JetBlue signs supply agreement for Blended Sustainable Aviation Fuel (SAF) to supply John F. Kennedy International Airport (JFK) to begin as early as fourth quarter 2024 JetBlue invites other New York businesses to help scale the SAF market in the region Today JetBlue (NASDAQ:JBLU) and World Fuel Services (World Fuel), a World Kinect (NYSE:WKC) company, announced a new commercial agreement to bring the first regular supply of Blended Sustainable Aviation Fuel (SAF), provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO), to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the in
Stifel downgraded World Kinect Corporation from Buy to Hold and set a new price target of $32.00 from $33.00 previously
Morgan Stanley downgraded World Kinect Corporation from Equal-Weight to Underweight and set a new price target of $28.00
JP Morgan initiated coverage of World Kinect Corporation with a rating of Neutral and set a new price target of $25.00
Morgan Stanley initiated coverage of World Kinect Corporation with a rating of Equal-Weight and set a new price target of $24.00
Raymond James initiated coverage of World Kinect Corporation with a rating of Outperform and set a new price target of $30.00
BofA Securities downgraded World Kinect Corporation from Buy to Underperform and set a new price target of $22.00 from $29.00 previously
World Kinect Corporation (NYSE:WKC) announced today that Ira M. Birns, currently EVP and Chief Financial Officer, has been promoted to President and will continue in his CFO role, and that John P. Rau, currently EVP of Global Aviation, Land and Marine, has been promoted to Chief Operating Officer. They will continue to report directly to Chairman and CEO Michael Kasbar. "Ira Birns and John Rau have demonstrated outstanding business leadership and operational capabilities throughout their careers and I am optimistic about their ability to navigate and steward the continuing evolution of our global energy distribution and solutions business," Kasbar said. Ira Birns has been EVP & Chief Fina
World Kinect Corporation (NYSE:WKC) today reported financial results for the first quarter of 2025. First Quarter 2025 Highlights Gross profit of $230 million GAAP net loss of $21 million, or $0.37 per diluted share Adjusted net income of $27 million, or $0.48 per diluted share Generated $114 million of operating cash flow Repurchased $10 million of common stock Adjusted EBITDA of $80 million Year-Over-Year Segment Profitability Aviation – Gross profit of $116 million, an increase of 7%, primarily attributable to improved performance from our operated airport locations in Europe, our physical inventory business, and our business and general aviation activities, partially of
World Kinect Corporation (NYSE:WKC) today announced the appointment of Jeffrey M. Kottkamp to the Board of Directors of the company. "We are delighted to have Jeff join our Board of Directors," said Michael J. Kasbar, chairman and chief executive officer. "He is an accomplished audit and financial services executive who brings a wealth of accounting and regulatory expertise. Jeff's financial knowledge and auditing and control experience will be a strategic asset to our company." Mr. Kottkamp spent 40 years at Deloitte & Touche USA LLP, an audit, consulting, tax and advisory service provider, before retiring in 2023 after having served as a partner for nearly 30 years. At Deloitte, Mr. Kot
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, April 24, 2025, at 5:00 p.m. ET to discuss the company's first quarter 2025 results, as well as certain forward-looking information. The company plans to release its first quarter 2025 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.worldkinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillmen
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, which is payable on April 16, 2025 to shareholders of record on March 31, 2025. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. The company also supplies natural gas and power in the United States and Europe along with a broad suite of sustainability-related products and services. For more information, visit www.world-kinect
JetBlue (NASDAQ:JBLU) along with its fuel partners marked the first-ever regular supply of sustainable aviation fuel (SAF) for commercial air travel in the region at New York's John F. Kennedy International Airport (JFK). This milestone for SAF availability in the Northeast brings to reality an announcement from last summer, outlining JetBlue's 12-month agreement with World Fuel Services (World Fuel), a World Kinect company (NYSE:WKC), for at least 1 million gallons of neat SAF to be provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE:VLO). JetBlue's SAF supply is made possible through corporate business partners who help cover the cos
World Kinect Corporation (NYSE:WKC) today reported financial results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights Gross profit of $259 million GAAP net loss of $102 million, or $1.77 per diluted share Adjusted net income of $36 million, or $0.62 per diluted share Generated $120 million of operating cash flow Repurchased $43 million of common stock Adjusted EBITDA of $95 million Year-Over-Year Segment Profitability Aviation – Gross profit of $120 million, a decrease of 8%, primarily driven by the sale of Avinode during the second quarter of 2024 and lower inventory-related profitability year-over-year, partially offset by growth in our commercial
World Kinect Corporation (NYSE:WKC) invites you to participate in a conference call with its management team on Thursday, February 20, 2025, at 5:00 p.m. ET to discuss the company's fourth quarter and full year 2024 results, as well as certain forward-looking information. The company plans to release its fourth quarter and full year 2024 results after the market closes on the same date. Participants can access the live webcast by visiting the company's website at ir.worldkinect.com/events. An on-demand replay of the webcast will be available shortly after the call. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy ma
World Kinect Corporation (NYSE:WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, which is payable on January 16, 2025 to shareholders of record on December 23, 2024. About World Kinect Corporation Headquartered in Miami, Florida, World Kinect Corporation (NYSE:WKC) is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. We also supply natural gas and power in the United States and Europe along with a growing suite of other sustainability-related products and services. For more information, visit www.world-k
World Kinect Corporation (NYSE:WKC) today reported financial results for the third quarter of 2024. Results compared to the same period last year are as follows (unaudited - in millions, except percentages and per share data): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 Change 2024 2023 Change Volume (1) 4,443 4,536 (2 )% 13,230 13,473 (2 )% Revenue $ 10,491 $ 12,245 (14 )% $ 32,407