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Dec 31, 2022
World Kinect Q4 2022 Earnings Report
World Kinect reported an increase in revenue and earnings per share for Q4 2022.
Key Takeaways
World Kinect Services Corporation reported Q4 2022 results with a 40% increase in revenue to $13.9 billion and a 36% increase in net income to $20.9 million compared to the same period last year. Adjusted diluted earnings per share increased by 93% to $0.54.
Revenue increased by 40% year-over-year to $13.9 billion.
Gross profit increased by 31% year-over-year to $282.4 million.
Net income increased by 36% year-over-year to $20.9 million.
Adjusted EBITDA increased by 93% year-over-year to $106.5 million.
Revenue by Segment
Forward Guidance
The company's press release includes forward-looking statements regarding their ability to leverage global expertise and deliver long-term value, return capital to shareholders, and invest in growth opportunities. However, these statements are qualified by cautionary statements and risk factor disclosures in the company's SEC filings.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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