Loading...
•
Mar 31, 2022
World Kinect Q1 2022 Earnings Report
World Fuel Services reported first quarter results, demonstrating the value of its diversified business model with strong results in marine and land businesses offsetting challenges in aviation.
Key Takeaways
World Fuel Services Corporation reported a 21% increase in total gross profit year-over-year, reaching $230.9 million. GAAP net income was $26.3 million, or $0.41 per diluted share, while adjusted net income was $26.8 million, or $0.42 per diluted share. Adjusted EBITDA was $74.9 million.
Total gross profit increased by 21% year-over-year to $230.9 million.
GAAP net income was $26.3 million, or $0.41 per diluted share.
Adjusted net income reached $26.8 million, or $0.42 per diluted share.
Adjusted EBITDA amounted to $74.9 million.
Revenue by Segment
Forward Guidance
The release includes forward-looking statements regarding the company's beliefs and expectations about its ability to capitalize on its sustainability solutions and meet its customers' energy requirements, as well as its view of its balance sheet and capital allocation to support organic growth and strategic opportunities.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...