World Kinect Company (NYSE:WKC) is included in our record of the 13 Finest Oil Refinery Shares to Purchase Proper Now.
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World Kinect Company (NYSE:WKC) reported its efficiency for the second quarter of 2025 on July 31, 2025. The corporate beat EPS estimates of $0.48 per share with adjusted EPS of $0.59. Whereas the quarter was marked by macroeconomic headwinds, the corporate confirmed resilience, significantly in aviation, the place gross revenue grew 8% YoY to $138 million. Aviation phase efficiency was pushed by European plane operations and personal aviation. The Land phase, then again, recorded a 17% gross revenue decline on account of divestitures within the U.Okay. and Brazil, together with softness in North American liquid fuels demand.
In the meantime, World Kinect Company (NYSE:WKC) recorded a $367 million goodwill impairment associated to its Land phase. Whereas the Marine phase suffered with a one-time tax hit, its total efficiency remained steady. Moreover, the corporate’s monetary well being remained sturdy, due to a ten% discount in working bills and $13 million in free money stream generated. On account of strong quarterly efficiency, WKC returned $64 million to shareholders and paid dividends.
Working within the U.S., the Americas, Europe, the Center East, Africa, and the Asia Pacific, World Kinect Company (NYSE:WKC) is engaged in aviation, land, and marine sub-segments inside the broader power market.
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