World Kinect (NYSE:WKC) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

World Kinect (NYSE:WKC) announced its quarterly earnings data on Thursday. The company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.96 by $0.03, FiscalAI reports. The firm had revenue of $13.27 billion during the quarter, compared to analyst estimates of $12.34 billion. World Kinect had a negative net margin of 0.37% and a positive return on equity of 13.70%. World Kinect’s revenue was up 41.3% on a year-over-year basis. During the same period last year, the firm posted $0.54 EPS.

Here are the key takeaways from World Kinect’s conference call:

• Record third-quarter results included adjusted EPS of $0.99, up 83% year over year, and adjusted gross profit of $279 million, up 12%. The company raised full-year adjusted EPS guidance to $3.52–$3.62 from $3.20–$3.40.
• Marine gross profit surged 131% year over year to $59 million, while aviation gross profit increased 4% to $148 million. Land adjusted operating income more than doubled to $28 million, reflecting portfolio simplification and strong performance in retail and cardlock.
• The company generated $175 million of operating cash flow and $164 million of free cash flow in the quarter, aided by improved working-capital discipline. Management said stronger cash conversion increases flexibility to invest, pursue opportunities, and return capital to shareholders.
• Management expects marine gross profit and land adjusted operating income to decline sequentially in the fourth quarter as market-related benefits and favorable volatility moderate, while aviation is expected to be broadly flat sequentially. Higher interest expense and elevated rates also remain headwinds, and management cautioned that third-quarter working-capital benefits may not be repeated.

World Kinect Stock Performance

Shares of NYSE WKC opened at $37.44 on Friday. The company has a 50 day simple moving average of $35.95 and a two-hundred day simple moving average of $30.78. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 11.17, a PEG ratio of 0.57 and a beta of 1.21. The company has a current ratio of 1.06, a quick ratio of 0.91 and a debt-to-equity ratio of 0.58. World Kinect has a 12 month low of $22.21 and a 12 month high of $41.20.

World Kinect Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Monday, September 28th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, September 28th. World Kinect’s payout ratio is presently -28.66%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on WKC shares. Zacks Research lowered shares of World Kinect from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Wall Street Zen cut shares of World Kinect from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 10th. Morgan Stanley set a $30.00 price objective on shares of World Kinect in a research note on Wednesday, July 29th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of World Kinect in a report on Monday. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell” and an average target price of $30.00.

Insiders Place Their Bets

In other news, Chairman Michael Kasbar sold 10,000 shares of the stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $35.67, for a total value of $356,700.00. Following the sale, the chairman owned 956,450 shares in the company, valued at $34,116,571.50. This represents a 1.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jose-Miguel Tejada sold 6,000 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $37.16, for a total transaction of $222,960.00. Following the transaction, the executive vice president directly owned 35,676 shares of the company’s stock, valued at approximately $1,325,720.16. This trade represents a 14.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 36,000 shares of company stock worth $1,327,760 in the last quarter. Company insiders own 3.80% of the company’s stock.

Key Stories Impacting World Kinect

Here are the key news stories impacting World Kinect this week:

• Positive Sentiment: Adjusted earnings and revenue exceeded expectations. World Kinect reported third-quarter adjusted EPS of $0.99, ahead of the $0.96 consensus, while revenue reached $13.27 billion versus estimates of $12.34 billion. EPS increased from $0.54 a year earlier, and revenue rose 41.3% year over year. World Kinect Q3 earnings flash
• Positive Sentiment: Management raised full-year guidance. The company increased its 2026 adjusted EPS outlook to $3.52-$3.62 from $3.20-$3.40, signaling confidence in execution and expected operating performance. World Kinect Q3 results and guidance
• Positive Sentiment: Profitability and cash generation improved. Gross profit rose to $288.1 million from $249.6 million, while operating cash flow totaled $175.1 million and free cash flow was $164.4 million. Aviation generated the largest gross profit contribution at $147.9 million, followed by Land at $81.4 million and Marine at $58.8 million. World Kinect quarterly results
• Neutral Sentiment: The earnings-call commentary highlighted strong execution and market opportunities. Investors are likely focused on whether these opportunities can support continued earnings growth following the guidance increase. World Kinect Q3 2026 earnings call transcript
• Negative Sentiment: Total sales volume declined 6% year over year to 4.04 billion gallons and gallon equivalents, a potential concern if weaker volumes persist despite higher revenue and margins. In addition, reported net margin remained negative at 0.43%. World Kinect surpasses Q3 estimates
• Negative Sentiment: Insider selling could weigh on sentiment. Company insiders reported 15 open-market sales and no purchases during the past six months, including sales by the executive chairman and chief financial officer. World Kinect insider activity

About World Kinect

World Kinect Corporation (NYSE:WKC) is an energy management company that supplies, distributes and manages fuel and other energy products for commercial customers around the world. The company serves the aviation, marine and land transportation sectors, as well as commercial, industrial and government customers.

Its offerings include conventional and renewable fuels, natural gas, electricity, lubricants, fuel-management services and related environmental solutions. World Kinect also provides procurement, logistics, payment-processing and transaction-management services designed to help customers manage energy supply, costs and operational requirements.

The company was founded as World Fuel Services in 1985 and adopted the World Kinect name in 2024.