World Kinect (NYSE:WKC) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
World Kinect beat estimated earnings by 17.39%, reporting an EPS of $0.54 versus an estimate of $0.46.
Revenue was down $1.87 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 8.15% drop in the share price the next day.
Here's a look at World Kinect's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.47 | 0.35 | 0.48 |
| EPS Actual | 0.58 | 0.48 | 0.36 | 0.54 |
| Revenue Estimate | 12.03B | 13.20B | 12.93B | 14.16B |
| Revenue Actual | 12.25B | 10.98B | 12.48B | 13.88B |
To track all earnings releases for World Kinect visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.