Preview: World Kinect's Earnings
Portfolio Pulse from Benzinga Insights
World Kinect (NYSE:WKC) is set to release its quarterly earnings report on October 24, 2024. Analysts expect an EPS of $0.61. The company's past performance shows mixed results, with a recent EPS miss leading to a slight stock price drop. Despite a positive 52-week performance, the consensus rating is 'Underperform' with a price target suggesting a potential downside. World Kinect's financial metrics show strong net margin and ROE, but revenue growth lags behind peers.
October 23, 2024 | 7:01 pm
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World Kinect is expected to report an EPS of $0.61. The company's past earnings performance has been mixed, with a recent miss leading to a slight stock price drop. The consensus rating is 'Underperform', with a price target suggesting a potential downside. Despite strong net margin and ROE, revenue growth is a concern.
The upcoming earnings report is crucial for World Kinect, with analysts expecting an EPS of $0.61. The company's past performance has shown volatility, with a recent earnings miss causing a slight stock price drop. The consensus rating of 'Underperform' and a price target indicating potential downside suggest cautious investor sentiment. However, strong financial metrics like net margin and ROE provide some positive outlook. The mixed signals result in a neutral short-term impact on the stock price.
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