Core Insights - World Kinect (WKC) is expected to report quarterly earnings of $0.55 per share, reflecting a 1.9% increase year-over-year, while revenues are forecasted to decline by 12% to $10.56 billion [1] - The consensus EPS estimate has been revised upward by 13.8% in the last 30 days, indicating a reassessment by analysts [2] - Analysts emphasize the importance of earnings estimate revisions in predicting investor reactions and stock price performance [3] Revenue Estimates - Revenue from Aviation is projected to be $4.89 billion, down 16.8% from the previous year [5] - Revenue from Land is expected to reach $3.25 billion, reflecting an 11.4% decrease year-over-year [5] - Revenue from Marine is forecasted at $2.11 billion, indicating a 13.9% decline compared to the same quarter last year [5] Volume Estimates - The consensus estimate for Aviation volume is 1,858.18 million gallons, up from 1,784 million gallons year-over-year [6] - Land volume is expected to be 1,537.39 million gallons, down from 1,619.3 million gallons in the previous year [6] - Marine volume is projected at 1,054.66 million gallons, a decrease from 1,129.7 million gallons reported last year [6] Income Estimates - Estimated income from operations for Aviation is $60.70 million, slightly up from $58.10 million in the same quarter last year [7] - Projected income from operations for Marine is $18.08 million, down from $19.30 million year-over-year [7] Stock Performance - World Kinect shares have decreased by 2.6% over the past month, contrasting with a 4.7% increase in the Zacks S&P 500 composite [8] - With a Zacks Rank of 2 (Buy), WKC is anticipated to outperform the overall market in the near term [8]
Insights Into World Kinect (WKC) Q4: Wall Street Projections for Key Metrics