World Kinect Corporation Q3 2023 Adj. EPS $0.58 Inline With Estimates, Revenue $12.245B Beats $12.026B Estimate
Portfolio Pulse from Benzinga Newsdesk
World Kinect Corporation reported Q3 2023 adjusted EPS of $0.58, in line with estimates. The company's revenue of $12.245B surpassed the estimate of $12.026B.
October 26, 2023 | 8:59 pm
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World Kinect Corporation's Q3 2023 earnings were in line with estimates, and revenue beat expectations.
World Kinect Corporation's earnings were as expected, which is generally a positive sign. However, the company's revenue exceeded estimates, which is likely to be viewed very positively by investors. This could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100