World Kinect (WKC) to Release Earnings on Thursday

World Kinect (NYSE:WKC) will likely be posting its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect World Kinect to post earnings of $0.45 per share and revenue of $10.47 billion for the quarter.

World Kinect (NYSE:WKC) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. The firm had revenue of $9.76 billion for the quarter, compared to analysts’ expectations of $10.57 billion. World Kinect had a return on equity of 6.43% and a net margin of 0.16%. On average, analysts expect World Kinect to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

World Kinect Trading Down 2.3 %

Shares of WKC stock opened at $23.18 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.16 and a quick ratio of 0.99. The business has a 50-day moving average of $27.22 and a 200 day moving average of $27.97. The stock has a market capitalization of $1.32 billion, a PE ratio of 21.87, a P/E/G ratio of 0.89 and a beta of 1.19. World Kinect has a 1-year low of $21.38 and a 1-year high of $31.71.

World Kinect Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Stockholders of record on Monday, March 31st were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.93%. The ex-dividend date was Monday, March 31st. World Kinect’s dividend payout ratio is 64.15%.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus dropped their price target on shares of World Kinect from $32.00 to $30.00 and set a “hold” rating for the company in a research report on Friday, February 21st.

Insider Buying and Selling at World Kinect

In other news, CEO Michael J. Kasbar sold 21,507 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $28.96, for a total transaction of $622,842.72. Following the transaction, the chief executive officer now directly owns 1,019,063 shares of the company’s stock, valued at approximately $29,512,064.48. The trade was a 2.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.90% of the stock is currently owned by corporate insiders.

World Kinect Company Profile

World Kinect Corporation operates as an energy management company in the United States, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. This segment also offers fuel management, price risk management, ground handling, dispatch services, and trip planning services, such as flight planning and scheduling, weather reports and overflight permits; payment and processing services; and operates a web-based marketplace platform.