 World Kinect(US:WKC) ZACKSยท2025-07-31 23:11
World Kinect(US:WKC) ZACKSยท2025-07-31 23:11Core Viewpoint - World Kinect (WKC) reported quarterly earnings of $0.59 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, marking an earnings surprise of +22.92% [1][2] Financial Performance - The company posted revenues of $9.04 billion for the quarter ended June 2025, which was 7.68% below the Zacks Consensus Estimate and down from $10.97 billion year-over-year [2] - Over the last four quarters, World Kinect has surpassed consensus EPS estimates three times but has not beaten revenue estimates [2] Stock Performance and Outlook - World Kinect shares have increased by approximately 0.6% since the beginning of the year, underperforming compared to the S&P 500's gain of 8.2% [3] - The company's current Zacks Rank is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Future Earnings Expectations - The current consensus EPS estimate for the upcoming quarter is $0.64 on revenues of $10.01 billion, and for the current fiscal year, it is $2.17 on revenues of $39.04 billion [7] - The trend of estimate revisions for World Kinect was unfavorable prior to the earnings release, which may impact future stock movements [6][5] Industry Context - The Oil and Gas - Refining and Marketing industry, to which World Kinect belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, suggesting potential challenges ahead [8]
