World Kinect (WKC) Projected to Post Quarterly Earnings on Thursday

World Kinect (NYSE:WKC - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 31st. Analysts expect World Kinect to post earnings of $0.58 per share and revenue of $9.32 billion for the quarter.

World Kinect (NYSE:WKC - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The business had revenue of $9.45 billion for the quarter, compared to analysts' expectations of $10.47 billion. World Kinect had a return on equity of 6.46% and a net margin of 0.05%. The business's revenue for the quarter was down 13.7% on a year-over-year basis. During the same period last year, the firm posted $0.47 earnings per share. 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 Stock Performance

NYSE:WKC traded down $0.27 on Friday, hitting $28.09. The stock had a trading volume of 501,473 shares, compared to its average volume of 782,183. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 117.04, a price-to-earnings-growth ratio of 1.35 and a beta of 1.35. The company has a quick ratio of 1.00, a current ratio of 1.15 and a debt-to-equity ratio of 0.41. The business's 50-day simple moving average is $28.09 and its two-hundred day simple moving average is $27.52. World Kinect has a 52-week low of $22.71 and a 52-week high of $31.71.

World Kinect Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 16th. Shareholders of record on Tuesday, June 17th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 2.85%. This is a boost from World Kinect's previous quarterly dividend of $0.17. The ex-dividend date was Tuesday, June 17th. World Kinect's dividend payout ratio (DPR) is presently 333.33%.

Analyst Upgrades and Downgrades

Separately, Bank of America dropped their target price on World Kinect from $27.00 to $26.00 and set an "underperform" rating on the stock in a research report on Friday, April 25th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Intech Investment Management LLC raised its holdings in shares of World Kinect by 95.5% during the 1st quarter. Intech Investment Management LLC now owns 47,437 shares of the company's stock worth $1,345,000 after acquiring an additional 23,176 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of World Kinect by 18.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,791 shares of the company's stock worth $6,262,000 after acquiring an additional 34,807 shares in the last quarter. Millennium Management LLC raised its holdings in shares of World Kinect by 3.3% during the 1st quarter. Millennium Management LLC now owns 525,697 shares of the company's stock worth $14,909,000 after acquiring an additional 16,738 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of World Kinect by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,972 shares of the company's stock worth $963,000 after acquiring an additional 1,497 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of World Kinect by 16.5% during the 1st quarter. AQR Capital Management LLC now owns 119,198 shares of the company's stock worth $3,380,000 after acquiring an additional 16,874 shares in the last quarter. 97.06% of the stock is owned by hedge funds and other institutional investors.

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.