World Kinect Q4 Revenue Drops 7.5% to $9.03B, EPS Misses by 36%
World Kinect reported Q4 revenue of $9.03B, down 7.5% y/y and missing estimates by 2.1%, with EPS of $0.30 falling 36.2% short of the $0.47 consensus. Land operations posted a $292.2M loss versus a $12.35M profit estimate, while aviation and marine segments also lagged projections.
1. Q4 Financial Results
World Kinect posted Q4 revenue of $9.03 billion, a 7.5% decline from $9.77 billion a year earlier, and reported EPS of $0.30 versus $0.62 in the prior year period.
2. Segment Operations Performance
Land volumes reached 1,392.7 million gallons against a 1,412.8 million gallon estimate, with operations losing $292.2 million; aviation delivered 1,763.1 million gallons of volume and $54.2 million in operating income, while marine generated $7.0 million.
3. Analyst Estimate Comparisons
Revenue undershot the $9.22 billion consensus by 2.1%, EPS fell 36.2% below the $0.47 estimate, land operations missed profit forecasts by over $300 million, and both aviation and marine segments trailed analyst expectations by $8–$15 million.
4. Stock Performance and Outlook
Shares have returned -0.8% over the past month, matching the S&P 500, and carry a neutral rating suggesting the stock may perform in line with the broader market in the near term.