World Kinect Corp

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

World Kinect Corp reports record revenue and growth opportunities in Q4 2022

World Kinect Corp (WKC) delivered a strong performance in Q4 2022, achieving record revenue and demonstrating growth across key business segments.
Despite potential challenges in managing working capital and sustaining growth momentum, the company's focus on operational efficiencies and strategic acquisitions positions it well for future success.
With a positive outlook for 2023 and confidence in strategic growth opportunities, World Kinect Corp remains poised for continued expansion and market leadership.

World Kinect Corp reports solid Q1 performance amidst segment challenges

WKC's Q1 performance reflects a mix of strengths and challenges across aviation, land, and marine segments.
Emphasis on digital growth, sustainability, and operational efficiency underlines a forward-looking strategy.
Clear focus on margin improvement, capital allocation, and growth opportunities signal a proactive approach to financial management.
Addressing challenges in segment volumes and external factors will be crucial for sustained growth and profitability.

World Kinect Corp reports strong Q2 earnings amidst sustainable energy focus

World Kinect Corp's Q2 2023 earnings call highlighted a strong financial performance, with a focus on sustainable energy solutions and strategic investments. Despite challenges in certain segments, the company is effectively managing expenses and returning capital to shareholders. With a commitment to achieving long-term shareholder value, World Kinect Corp is well-positioned to capitalize on opportunities in the sustainable energy market.

World Kinect Corp (WKC) shows resilience and growth opportunities

World Kinect Corp (WKC) demonstrated resilience and efficiency in meeting energy needs amidst challenges.
Strong financial discipline, positive operational performance, and focus on sustainability were key highlights.
Challenges include navigating market impacts and balancing growth with financial discipline.
Opportunities lie in accelerating growth, diversifying earnings, and optimizing assets for future success.

World Kinect Corp (WKC) reports solid Q4 performance and eyes growth in renewable energy

World Kinect Corp (WKC) showcased resilience and transformation, with a focus on sustainable growth and operational efficiency. Despite challenges in certain segments, the company's strategic initiatives and financial performance indicate a positive outlook for the future.

World Kinect Corp reports mixed Q1 performance, focuses on growth

World Kinect Corp (WKC) navigated mixed performance in Q1 2024, balancing declines in certain metrics with strong cash flow generation and cost management.
Despite challenges in profitability and market dynamics, WKC remains focused on enhancing its business model, driving growth, and delivering shareholder value through dividends and debt reduction.
The company's strategic initiatives to optimize operations, address weather-related impacts, and capitalize on market opportunities position it for long-term success and resilience in evolving market conditions.

World Kinect Corp (WKC) manages challenges, eyes growth opportunities in Q2 2024

World Kinect Corp (WKC) navigated through a challenging Q2 with a focus on core recurring revenue and operational efficiency. While the Aviation business thrived, the Land segment faced market challenges. The company's strategic moves in Aviation and efforts to enhance Land business efficiency position it for future growth.

World Kinect Corp faces Q3 challenges but highlights growth opportunities

World Kinect Corp (WKC) faced challenges with negative operating cash flow in Q3 but showcased strengths in the land segment rebound and improved marine business margins. The company is focused on returning capital to shareholders, exploring growth opportunities, and enhancing operational efficiency.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

World Kinect Corp. engages in the distribution of fuel and related products and services in the aviation, marine, and land transportation industries. It operates through the following segments: Aviation, Land, and Marine. The Aviation segment offers fuel supply and comprehensive service solutions globally. The Land segment provides fuel, lubricants, heating oil, natural gas, power, and related products and related services to commercial, industrial, residential and government customers. The Marine segment is involved in marketing products and services to local and international customers. Its solutions include oil and energy procurement, distribution and storage, operations support, financial, consulting, and technology services. The company was founded in July 1984 and is headquartered in Miami, FL.

World Kinect Corporation (NYSE:WKC ) Q3 2024 Results Earnings Conference Call October 25, 2024 5:00 PM ET Company Participants Braulio Medrano - Senior Director, FP&A and Investor Relations Michael Kasbar - Chairman and Chief Executive Officer Ira Birns - Executive Vice President and Chief Financial Officer Conference Call Participants Ken Hoexter - Bank of America Securities John Royall - J.P. Morgan Pavel Molchanov - Raymond James Ben Nolan - Stifel Operator Thank you for standing by, and welcome to World Kinect Corporation's Third Quarter 2024 Earnings Conference Call.

World Kinect Corporation (WKC) Q3 2024 Earnings Call Transcript

World Kinect (WKC) came out with quarterly earnings of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.58 per share a year ago.

World Kinect (WKC) Q3 Earnings Meet Estimates

MIAMI--(BUSINESS WIRE)--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    .

World Kinect Corporation Reports Third Quarter 2024 Results

MIAMI--(BUSINESS WIRE)--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-dema.

World Kinect Corporation to Host Third Quarter 2024 Earnings Conference Call on October 24, 2024

MIAMI--(BUSINESS WIRE)--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.

World Kinect Corporation Declares Regular Quarterly Cash Dividend and Announces Additional $200 Million Share Repurchase Authorization

World Kinect has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, WKC shares displayed both attractive valuation metrics and strong profitability metrics.

This Stock Has A 2.43% Yield And Sells For Less Than Book

Bank of New York Mellon

Investors interested in Alternative Energy - Other stocks are likely familiar with World Kinect (WKC) and Bloom Energy (BE). But which of these two stocks offers value investors a better bang for their buck right now?

WKC or BE: Which Is the Better Value Stock Right Now?

World Kinect Corporation (NYSE:WKC ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Elsa Ballard - Vice President of Investor Relations & Communications Michael Kasbar - Chairman and Chief Executive Officer Ira Birns - Executive Vice President and Chief Financial Officer Conference Call Participants John Royall - JPMorgan Benjamin Nolan - Stifel Graham Price - Raymond James Operator Thank you for standing by, and welcome to World Kinect Corporation's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

World Kinect Corporation (WKC) Q2 2024 Earnings Call Transcript

World Kinect (WKC) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.48 per share a year ago.

World Kinect (WKC) Q2 Earnings and Revenues Lag Estimates

MIAMI--(BUSINESS WIRE)--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     (2 )% Revenue   $ 10,965     $ 10,981     — %   $ 21,.

World Kinect Corporation Reports Second Quarter 2024 Results

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, July 25, 2024, at 5:00 p.m. ET to discuss the company's second quarter 2024 results, as well as certain forward-looking information. The company plans to release its second 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-deman.

World Kinect Corporation to Host Second Quarter 2024 Earnings Conference Call on July 25, 2024

MIAMI--(BUSINESS WIRE)--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 July 16, 2024 to shareholders of record on June 17, 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 t.

World Kinect Corporation Declares Regular Quarterly Cash Dividend

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today it has completed the sale of the Avinode Group, the world's leading air charter sourcing platform, and its portfolio of aviation FBO software products to CAMP Systems International, Inc., a wholly-owned subsidiary of Hearst. World Kinect received gross cash proceeds at closing of approximately $200 million, and expects to report a one-time after-tax gain of approximately $75-80 million in the second quarter. “We are pl.

World Kinect Corporation Completes Sale of the Avinode Group and Portfolio of Aviation Software Products

World Kinect Corporation (NYSE:WKC ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Elsa Ballard - VP, IR and Communication Michael Kasbar - Chairman and CEO Ira Birns - EVP and CFO Conference Call Participants Ken Hoexter - Bank of America Pavel Molchanov - Raymond James Operator Goo day and thank you for standing by. Welcome to World Kinect Corporation First Quarter 2024 Earnings Conference Call.

World Kinect Corporation (WKC) Q1 2024 Earnings Call Transcript

World Kinect (WKC) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.36 per share a year ago.

World Kinect (WKC) Lags Q1 Earnings and Revenue Estimates

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the first 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 March 31,     2024   2023   Change Volume (1)     4,414       4,472     (1 )% Revenue   $ 10,951     $ 12,482     (12 )% Gross profit   $ 254     $ 263     (3 )% Operating expenses   $ 191     $ 198     (4 )% Adjusted oper.

World Kinect Corporation Reports First Quarter 2024 Results

Ormat Technologies

Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of World Kinect (WKC) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks?

WKC vs. ORA: Which Stock Is the Better Value Option?

World Kinect (WKC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

World Kinect (WKC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) invites you to participate in a conference call with its management team on Thursday, April 25, 2024, at 5:00 p.m. Eastern Time to discuss the company's first quarter 2024 results, as well as certain forward-looking information. The company plans to release its first quarter 2024 results after the market closes on the same date. Participants can access the live webcast or participate by phone by visiting the company's website at ir.wo.

World Kinect Corporation to Host First Quarter 2024 Earnings Conference Call on April 25, 2024

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) (“World Kinect” or the “Company”) today hosted its 2024 Investor Day, during which the Company discussed its unique position in a large global market, its strategy to capture opportunities across its three business segments, and its financial targets to drive attractive long-term shareholder returns. “As our team continues to deliver for our global customer base, we are focused on our strategy to accelerate growth by driving efficienc.

World Kinect Corporation Highlights Growth Strategy and Financial Outlook During 2024 Investor Day

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today it has signed a definitive agreement to sell the Avinode Group, the world's leading air charter sourcing platform, and its portfolio of aviation FBO software products to CAMP Systems International, Inc., a wholly owned subsidiary of Hearst, for approximately $200 million in cash. “This sale represents another step in sharpening our portfolio, all while generating a solid return,” said Michael J. Kasbar, Chairman and Ch.

World Kinect Corporation Announces Sale of the Avinode Group and Portfolio of Aviation Software Products for approximately $200 million

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) announced today that its board of directors has declared a quarterly cash dividend of $0.17 per share, an increase of approximately 21% over its previous dividend of $0.14 per share. The dividend is payable on April 16, 2024, to shareholders of record on March 25, 2024. “Our strong operating cash flow and healthy balance sheet provide us with the flexibility to continue investing in our core business activities while also returning ca.

World Kinect Corporation Increases Regular Quarterly Cash Dividend by 21%

World Kinect Corporation (WKC) Q4 2023 Earnings Call Transcript

World Kinect (WKC) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.54 per share a year ago.

World Kinect (WKC) Surpasses Q4 Earnings Estimates

MIAMI--(BUSINESS WIRE)--World Kinect Corporation (NYSE: WKC) today reported financial results for the fourth quarter and full year 2023. Results compared to the same period last year are as follows (unaudited - in millions, except percentages 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  .

News for World Kinect Corp Stock (WKC)